The alternative is to hire people who are green and don't have the experience needed to design out risk.  

@Paul BjerkeTypically, you want to allow yourself time to make any necessary repairs between tenants, if anything, a day to have the unit professionally cleaned.

I am flexible with their schedule and when I call them in at their convenience they know all is ready to go and I even clean up for them. 

@Johnson DesirBelow is the % of Cash sales to total volume closedLee County (fort myers, cape coral, estero, bonita springs) : SFM: 40%  Cash buyers  Condos/Townhomes: 65% Cash buyersCollier County (naples, marco island): SFM: 50% Cash buyers  Condos/Townhomes: 70% Cash buyersMostly all of the investors I deal with are all cash.Are you looking to invest in some property near one of our many sunny and clean beaches?

Michael Fanoni You need to weigh your risks, if the clean-up guy goes to clean gutter, falls down, and breaks his hips, can't work forever, then obviously you will have to shoulder a big ticket, lawyers will go after you so hard that it will make more sense to foreclose.

Great bars, great food, Sox stadium, walkability, bike-ability, and that rare suburban in the city feel, plus proximity to Orange, Green and the Red line.

Reasonable times of use, cleaning up after yourself, any areas of the property that are forbidden (IE garage or attic), are they going to bring their own dishes or are you going to provide them, maybe even something about "quiet" hours.

Property is not zoned Commercial (zoned for a mulli family resiential) so knowing this, trying to keep my Nose clean w the city!

If I were putting my house on the market, I would either A) make sure its vacant, cleaned so it "shows well", or B) staged in such a manner so as to attract the best offers. 

IMO, you need at least 1MM for every  10 years of retirement, I've been "retired" for 15 years, I have probably 25 more years on the green side.