Contractors are in high supply as normal consumers aren't getting their kitchens and homes remodeled with the state of the economy.

I have tried lots of things to help; posting on additional sites, opting to allow pets when I didn't initially, lowering the rent by $200; lowering the cleaning fee, etc.Opinions welcomed and I know this is dependent on a lot of factors.It's a 2BR 2.5BA townhouse, lakefront, convenient central location, safe neighborhood, completely and newly furnished, TV's, W/D, fully stocked kitchen, king size bed, deck and balcony overlooking lake, professional photos, video walkthrough.Utilities all included along with furnishings.MTR, so month to month leasing option.I initially listed it for $3000/month, then lowered it to $2800 a few weeks ago.Is it too high still do you think?

Renovating the kitchen and bathroom?

The building was built by his father and uncle and as a young man he did all the kitchens and cabinetry.

They don't get paid when there's a kitchen fire or a tree falls on the roof.

Yes do not want to be backing out of deals but also do not want to be slow due to first timer learning curve.  

I`m looking at a 950 sq ft ,2/1 condo ...asking is 110000, ARV looks to be about 175000.It needs flooring ,paint ,and a light bath and kitchen update.

Is there a basement with an existing or potential second kitchen?

A lot of agents can just give you comps and give you very generic information in terms of renovation like a bathroom costs x and a kitchen costs y.

Understanding there is significant risk in doing this with no experience, try to focus on contractors who can do most of the work themselves like kitchen/bath renos and limit how much they sub; I suspect this should help expand your margins a bit.