No one can answer questions like this because the strategy depends on the investor's level of interest, financial framework, location, and many other factors.

This needs to be highlighted in the lease and acknowledged by them.Security Deposits: You can’t use their security deposit for routine cleaning, but if they leave things in bad shape beyond normal wear and tear, it’s fair game to deduct cleaning costs.I’d start by having a straightforward talk with them about the importance of keeping things clean for health reasons and property preservation.

I hope you learn from this and hire a quality PM for the next time.I would try two things, simultaneously:1.

This is a great place to learn and further investigate investing in real estate.

If they want to use it as a bedroom, they can do so even with the open wall.

For example, your move-out inspection and security deposit disposition is probably the most immediate need, so start with that.Here's a detailed guide on how to screen applicants: Application Screening Guide

I would start with the Fair Market Rents (FMR) in the county where the property is located and use that as a basis to negotiate from there.Thanks Jaycee, are to referring to the HUD website? 

Opposed to buying used one at retail. 

What banks or lenders are other investors using to access some of their equity?

I've been waiting for this property to come up for sale.