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Updated over 14 years ago,
Have a tenant who has completely trashed a property...
They are also behind on rent, but I have little doubt they won't pay once able. The father lost his job and is trying to get his finances straight(has a new job), however that's not my main concern.
I completely rehabbed this home and now it's 10 times as bad as when I purchased it as a foreclosure. There is not a single aspect that's not trashed... My question is, should I kick out the human trash or should I continue renting to them in order to recover some money I can use towards repairs? I mean the damage is done.
The damage is so extensive it's wiped out the years rent I've already collected, but I can not permit such treatment and behavior. I want to boot the trash, but by no means do I have cash reserves built up for this. I'm a newbie and have my life savings in the three homes I own.