They would not let it stay there in the unit with nobody claiming it.Professional tenants like to play games and accept ZERO responsibility for anything.

Understand baylor caps how many students they admit, but they keep building apartments.When I was there I saw multiple signs that said something like 2 months free rent which means there’s likely more supply than demand.

Or just play it safe and leave it vacant for a tenant?

Hard to tell because not a lot of MF comps & theyre in high demand for this area.This is not an area this will appreciate in value any time soon.Main questions on my mind are:Though the coc return is ~9% and its almost turnkey...Since I am having to put that type of money into the house, but not really get any equity for it, should I save my $ for something better?

You may need to play with that to figure it out.I may have confused you a little. 

There are a lot of good market factors playing out there right now - it is a really nice turnaround area from what I am seeing.

it depends on your market and what your market demands.

How bad does a tiled bathroom need to be for you to go to war with the contractor and demand it be ripped out?

I'm sure this particular tenant knows how to "play the game" and after 10 years of being there, this is likely not a coincidence.Thanks!

Not necessarily a good appreciation play, but it should be a great cashflow neighborhood for you.