A $40K budget is going to get sucked up by that place so fast it will make your head swim.

Their attitude changes real fast towards the " rich landlord".

Recently a pre sale building in the downtown core (premium, high rise, luxury building that won't be completed until 2019) sold out in a week (after foreign buyer tax was implemented) and some of those units were up as high as $900 per square foot.Things were going crazy here fast so I think the cooling off period is good but I don't think we'll see any kind of substantial long term drop in the market.

To fast forward, essentially the husband had work across many different states/projects and their circumstances changed causing them to move back to their hometown within 3.5 months of starting their 1 year lease.The signed lease was very tight (no PM, just realtor, great neighborhood/friends and us) and covered us for many situations but I do want to get some clarification or advice on best course of action for the following:(please note this info is just from my googling/common sense and again I have no claims to be right in any situation here)1.

Fast foreclosure states will be around $2000-3000 to foreclose including servicing fees.

Direct mail is if you want to send hundreds/thousands and just need to do a fast blitz. 

It will be ready to rent on 10/28, but I doubt I can find anyone that fast.

Run as fast as you can from that 15 cap :)

There are no real hard and fast rules and they will change drastically by area.

Now, fast forward, yesterday the renovations were complete and the project manager asked if I would come sign off.