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. 

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.

One had been rented by the same couple for 7 years, one needed to be cleaned and some repairs, and the other had been in the middle of a remodel when the original owner died and his 4 daughters who couldn't agree on what day of the week it was decided to sell.Based on the square footage (2024) alone, I got a great deal. 85,500 with 10% down and 10% interest.

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

Unfortunately, this isn't always an easy relationship.What if you, as a buyer, like a home but despise its wood-paneled walls, shag carpet and lurid orange kitchen?

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

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?

I'm curious what you all, who have property managers, are charged for a cleaning of your condo whenever you have a tenant turnover?

Purchase price: $4,000 Cash invested: $15,000 Bought land with 5 mobile homes on it cleaned it up now it's my construction yard.I would like to buy the land behind me and convert it!

The pests are likely caused by something the tenant is doing (not storing food properly, keeping the place clean, etc).