Did you find more information?

Given the infrequency of turnover, it all feels very manageable, especially when using PMS tools that help with messaging and reminders.

As Nick mentioned, Airdna would be helpful here.Mexico may be the exception. 

It sounds like you are VERY new to all of this.

It just helps... limit your liability to that property.

For example, bank accounts we control and specific investor capital accounts are all tracked in this same software.For our investor reports, each month we download spreadsheets, write a narrative for the month's performance and then export it all to a PDF.

Quote from @Bruce Woodruff: Yes I agree with Bruce, I had one done about 2 years ago now for a client that got me fully on board with having my clients do them all the time.

Ideally completing light renovations like this shouldn't take long and you should  have a low holding cost on the hard money loan (if you used debt) and make a higher profit on the sale or have more flexibility on the payoff when you refinance  Plan on long-term and hold.

The information contained in this post is not to be relied upon.

There is almost zero chance that you bring this issue to a head and they sign a lease with a good future prospect for the tenancy.