This could become the basis for taxation.There are multiple methodologies that are utilized by the tax assessor when determining a property's assessed value and which one is utilized is dependent on age, property type, region and other factors.

Kyle, you are correct, you should not be responsible, but the fact is MN law requires you to pay unless you can show the bed bugs are a result of willful, malicious, or irresponsible conduct of the tenant or a person visiting the tenant, which is nearly impossible to prove. 

In my personal research, Houzeo seems to be a solid Flat Fee MLS Service, a good interface and online forms, no % of sale $ with Bronze plan, a site buyers may have heard of, and good reviews on Trustpilot. 

House hacking will also give you some personal "property management" experience.

STR you personally can enjoy the property too2.

I personally wouldn't charge for any of that if they left the unit in good shape. 

If you're asking for free advice from a stranger on the internet, I'd encourage you to find a different STR market unless you want to have a place in Kissimmee for personal use.

@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario

Personally I feel he earned it that’s his money.

My worry with leaving the local agency is the personal attention that guests receive when they call.