It's not really appealing to sit in an empty house/room at night without being able to have some entertainment. 

From where I sit, your motives appear not to be serving the client, but serving yourself. 

That being said, you will see a lot of dilapidated properties at incredibly high prices just sit on the market.

I am going to sell some property and am wrestling with whether to 1031 or take the tax hit and sit in the cash.1031: Buy real estate now with tax deferred proceeds and cash flow now with 100% of the proceeds.But when (not if) the next crash comes, could lose up to 40% of value or more. 

Sell the place and sit on the cash until you find a better deal.

Since you're responsible for finding tenants and managing the rental, are you going to take the hit when it sits vacant for two months or a tenant that you placed decides to trash the place and cost $15,000 in losses?

So sit down, think hard about how to get through to this tenant, and make an attempt.

This is actually a good idea especially for good tenants that knew they will keep the property in good condition because I didn’t want my money sitting with a management company.

It's sitting in new biz account in name of LLC.

For those that aren't familiar with the strategy, the idea is that you have money idly sitting in your checking account that could be helping to bring down your mortgage interest (a massive wealth killer, imo).