So maybe cover that In your agreement as well.   

Other areas were your relying on Wells that are very expensive and or you pay 15k for a dry hole.. etc etc. there is basic due diligence that needs to be done and relying on someone else to do that for you is frankly foolish.

Honestly I get flack for this, but This is why I never pay a contractor upfront and I know 99% say they won’t do the work and will use the “what if you don’t pay me” - well we have a contract and you can lien my house.

As always, we need to be qualifying tenants well and following up with prior landlords.

It seems most of the investors in my area are out of town/state and the closest REIA is well over an hour from me.

Work out a payment plan, put it in on a credit card, but get the thing replaced! 

I plan to try it out.

STR are very competitive today and investing in a well-designed home is key to your success.

I have nice portfolio of rental property in the Memphis area as well and constantly selling good investment property deals on & off market to my clients!

@Abigail Lipson there are companies that buy properties, completely renovate them, sell them to investors and property manage for those investors as well on the back end.