I require a $1,000 security deposit, no exceptions and I let them know they will be paying all utilities, mowing the lawn, keeping up the landscaping and cleaning the gutter. 

Then I moved on to purchasing my own rentals which are all clean BRRRRs since there are still deals here that hit the 1% rule, positive cash flowing, with lots of appreciation.

They keep the home clean, pay rent a week early, and I haven't been called out to fix a single issue.

I recommend you use an attorney to ensure the contract is clean and you are protected.

So for instance for our lead organization & management, I clean the lists up in google sheets and then download as a .CSV file and upload into Airtable (google sheets on steroids) where its easier and cleaner to manage.I use Airtable to manage our raw leads data - I have a trigger set up, that whenever we change the status to "qualified", that lead will go into our CRM (Salesmate.io) where we track our contacts and deals.

If I can get back to "paying back" the $130K faster with another asset, then I should pursue that other asset.I was thinking more cleanly within the lines of this specific property/investment.

We strategically improved the property with minimal investment, focusing on cleaning and minor updates to enhance its market appeal.

I don't think they'll make good wholesalers.I know 1 that works at Starbucks now, another started a house cleaning business. 

If you believe the market will recover, renting might help recoup some value, but if the ongoing loss is a burden, selling now may provide peace of mind and a clean slate for future investments.Have you checked what is your after tax impact of the loss?

Then I purchased rentals that are clean BRRRRs and grew my rental portfolio to over seven figures.