On the other hand, I received 7 full price offers within 5 days on my last flip that closed yesterday.

You can't afford to take a "hands off" approach to your investment just because you've hired a property management firm, at least not until you've worked with them a while and they've earned your trust.

That's why I figure +$50/mo. or $600/yr is a wash (at best) if I have to re-paint.Plus I always consider the risk of the unknown with a new tenant - that's my bird in the hand argument.

Effectively, we've handed any future growth in that industry to the Asians on a silver platter.

Remediating (by hand) the entire structure probably wouldn't cost more than $6000.

Once I got transferred to North Carolina, I found myself with more time on my hands and realized I've got money sitting around not working for me.

You can see first hand what home prices are, and how other homes look on the inside.

On the other hand, if they do, it doesn't look like you've raised your price.

Negotiate some killer short sale deals and if you can get the banks to accept some of your offers, I would think an investor would love to take a bank-approved deal off your hands provided the price is right.

if not, tell them that if you receive a call, you will have to be truthful about how the place was treated & how they handed the deposit. also tell them you tell LL you will be following up with the LL after departure of tenants.finally, tell them if they apply last month's as rent you will seek a judgement which can affect their future ability to rent & own.just some thoughts/ideas.