This takes a LOT of my time.If I went to get a judgement against this tenant for the balance of the lease (if I could even find them to serve court papers), the judge would tell me to go pound sand, absorb it as a business expense, go re-rent the apartment, move on with my life and quit bothering him with this "nonsense."

I am looking to create a solid, efficient process that balances speed, quality, and budget.

Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

To begin with, I will start researching markets that have growth potential with a balance of appreciation and cash flow.

I’m based in San Antonio, TX—definitely a solid market for cash flow with a good balance of appreciation and landlord-friendly laws.

The lighter “Guesty for Hosts” version is more accessible but has fewer features.If you're looking for something in between, platforms like Lodgify and Hostaway strike a balance.

Thank you. you will need someone who would keep this on their balance sheet as most institutional lenders would not touch it, because of this expect your interest rate to be 13-15% and pay 2-4 points on top of it as well.

Since you're in the medical field and likely balancing a demanding schedule, here's what I’d recommend as a starting point:1.

I would think ahead about how it is going to turn out and if you  have criteria for terminating the lease.its always a balance of what is happening in your rental vs. what you are will to put up with. 

We have to find a balance!