The worst case would include mold remediation, sagging flooring, woodrot, drywall damage, depending on water type - clean, grey, black water - foundation damage and/or repair. 

He's also charging me for paint and cleaning the unit.

But of course they were kept in their crate or outside, never loose in the house and everything was clean.

@Matthew Green Personally I like to ask about property taxes because in my area you can have a $100,000 property with $2,500 taxes or with $4,800 taxes.

Things like sanding and painting doors, installing said doors, tile backsplash, general clean up, etc etc etc.

Think of how much money this person has saved you in vacancy, painting, cleaning fees, etc. in all of those 6 years and potentially many more to come.....but if it happens again that's a different story.

I make a little more up front on Airbnb but the cleaning, amenities, etc cut into it and end up balancing out.

Wanting to serve the community by providing safe, clean and beautiful homes that are within budgets.

Stick to fundamental buy-and-hold real estate...noting glamorous or fancy...If you have safe, clean, and appropriately priced units...focus on C-class value add, and maybe consider working with the local housing authority to accept housing choice vouchers, you will have long-term occupancy, debt paydown, and equity build for life.Investing is relative, and I doubt your main motivation to invest in RE is to contribute to the list of "25 fastest growing cities in the US"Best of luck

Hi @Charlene Green,Great to hear you're looking to get started with Real Estate Investing!