What would you do after $35,000 in damages? #Rental #Nightmare

Well, the pictures that came back to me from the property management company that had done so well, they destroyed it on the way out. They cut the pipes, they stole the garage doors, they cut the wires. The house was in shambles, and it, it wasn't neglect at that point. It was completely deliberate, which they're pissed that I kicked them out after letting them live there for 9 months free of rent.

Um, you didn't give them a whole year?

How rude of me. We had to spend over $35,000 just to get the house back to rental grade. Rental rate, mind you.

You're already in $1,900. Yes, I know. Plus $35?

Yes, yes. These are for 2 tenants. 2 tenants.

What was this house worth?

I was getting ready to say, we're getting close to the purchase price of this house that we've spent in rehabs. So—

Holy shit, you guys are terrible real estate investors.

No, no, just this one.