I agree with the idea of letting them stay, adding the pet deposit and socking the money away because in the end, this can be a challenge to take care of the odor.On the other hand, if the contractor is not used to cats even one dirty litter box can cause a significant ammonia odor (cats consume a very high protein diet and thus produce a high urea content urine).  

Hi @Yonatan Nir,We have a boots-on-the-ground and property management team that specifically handles the Metro Detroit area and would be glad to assist.

However, victims of domestic violence and members of the armed forces can terminate a lease before its term ends, under certain specific conditions.

Does it make sense to go the traditional path until you get capped at a specific number of properties and then switch to a portfolio lender (just given the more favorable terms most likely with conventional)?  

We have not solidified a specific property yet, but are searching hard and researching the best we can. 

However, since there is no specific number associated with what is "unreasonable," what choices to I have if I live in Virginia?  

These may be unsuccessful flips or homes specifically designed for the purpose. 

There are quite a few forums on BiggerPockets that are specific to financing - you are sure to get some great advice there.

Any specific towns you are most interested in?

Use a mortgage broker that has worked specifically on 203k type loans in the past.