Can a tenant be sued SUCCESSFULLY for loss of income if they left behind damage that requires time and money to repair and prevents the apartment from being rented to new tenants?

Do you have loss of rent coverage on your policy?

Possible.. but not feasible honestly... at least, not for us.But congrats my man.

Sometimes even a small loss to free up debt is worth it in the long run. 

So I could put the house back on the market after that, though I would take a decent size "loss".

He has close to $3,000 in unpaid water/sewer bills, a stolen furnace, and no insurance, a property he owned for three years and had exactly two tenants, one for two months, the other for six(but paid only three months) and now has a dilapidated property that he's going to sell at about a $30k loss. 

The markets have become so saturated that they won’t be able to make their payments and be forced to sell at a loss.

If that's really what you want to do, be careful of a potential loss of total property value from a retail perspective. 

I've conducted a feasibility study of the area, and all signs point towards go.

I'm renting at a loss with just $1900 rent since I took out an equity line to pay for the renovations instead of being cash flow positive.