If they have to drain their pool to pay for repairs, that whole zip code is going up whether you filed a claim or not.

The house rents for $850/mo, and I think I could push it to $950, give or take - but the debt payments (30-year loan at 4.75 or 5%) and taxes and insurance would take up all of that, leaving nothing for renovations.One alternative I’ve pondered would be to secure it and then seller-finance it to an owner-occupant.

I believe the damages will be more than the security deposit.

I believe the damages will be more than the security deposit.

If they pre-pay last month's rent and a security deposit equal to another month's rent, I think they have strong incentive to not bail in 6 months. 

After all this, make sure you file a lawsuit against the previous tenant and occupants to recover the rest of the damages.

My partner and I are looking for a hard money loan right now secure a property and it’s minor updating.

I have a secure job as well if needed to pick up the mortgage or other things if real estate market turns as well.

I live in Cali so I'd prefer to avoid filing for an LLC until I'm fairly certain the deal would make sense for both parties.

as newbie with liens..how do I file a lien in state of Nevada?