It just needed cleaned up and redesigned.

Meaning you will not be able to furnish a clean title within the time period.

They also have strict rules for renters about sharing the kitchen, cleaning, etc. with monetary penalties for not complying. 

Also if he is just taking PITI into the equation, he is missing/withholding info about utility costs, stocking/supply costs, cleaning costs, etc. 

And that includes areas where water is REALLY expensive or really horrible, unlike Louisville where water is not only cheap but clean and plentiful.

A bit of a more advanced exit strategy, but one that can be extremely profitable when implemented correctly.We spent $18k to clean out the place and then we turned around and made $40k after cleaning costs, closing costs, and commissions.

And of course make sure the property is comfortable and clean.As for cleaning & maintenance, I found few companies who can take care of that.

I'm thinking/hoping that perhaps with the LVP the urine will stop on top of the flooring and the smell will be bad enough that the tenant will have to clean it up.

The classic one was Tenant leaving huge amounts of grease in kitchen, inspector requires landlord to clean it up.2) Tenant vacates the unit without notice early in the month.

I basically group the business into 2 segments, administrative tasks (pricing, marketing, guest communications) and field tasks (cleaning/maintenance).Part of being a successful operator of anything, you have to know your strengths and weaknesses.