They did a lot of work to clean up title.

Every time you want to underwrite, use a BRAND NEW copy of your underwriting model (hopefully you have a clean copy).

And would keep maintenance costs at a minimum and tenants happy keeping turnover low, and if I go check the property every other month, I see a clean parking lot, garbage dumpster, etc.Indeed, the last thing I want is a PMC that uses software to do everything, and outsource communication to the Philippines.

@Dom Battezzato   So what can you do in this situation where your damage/cleaning deposit is less than your typical long term renter?

It brought in for just June of just nightly revenue (no sales tax, cleaning, fees included in this number) $24,602 for the month.   

We painted every wall, finished new flooring, repaired drywall, all new doors, all new kitchen, partially new bathrooms, replaced a torn out support wall with a header, All new trim, updated HVAC, cleaned up yard / landscaping, removed all trash

PATIENCE or TIME-OUT my mentor says,he's worth more than 99% of the "PROS"Take a vacay, build credit,call bankers, form a LLC,create content, get clean,meditate, yoga, relax LOLPANIC SELLING then the"true bottom" he says...Chamath says 18 mos.

considered Gulf Shores or Myrtle Beach as areas I know, but we are at or past the mid-point of rental season and would not realize as much income from it, adding in cleaning, any needed licensing, possible local mgmt of it.What are first timer investors looking for in today's market?

They will keep the pool clean and take care of all repairs......And make sure you have security fences and alarms for liability....

I have a tenant living in my basement that pays on time and keeps the space clean.