One option I've heard before is to offer putting the tenant in a hotel or Air BNB for a week or two while renovations are taking place, and pay for that cost.

B) Find a creative strategy in you area that does work for cash flow (Air BnB, Finding some niche strategy you can apply like adding units or renovating properties with big issues like bad foundations).C) Invest in a different market. 

I live in an area I believe to have a huge untapped market of the off grid - cabin getaway-  Air BNB scene.

You can pay online via Cozy starting June 2012.

I will be moving out of my house hack this winter and turning the upper unit into a 12 month rental and keeping the basement as an air bnb.

I am from the New England area but retired out of the Air Force in North Carolina looking to learn about Multi-Family investment as I can.  

I agree that the 3 bedroom is under rented, but $650 is really market rent for a 1 bedroom apartment without central air.

The glass is not broke and window does not leak air.  

Debating whether or not to provide the tenants with windows units for air conditioning.

Hope that makes sense... visualize me doing air quotes if that is helpful - "no PMI." :)