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Updated over 6 years ago,
Rental ad response and holding rental
so I just finished a rehab on a new acquisition and posted my ad to Zillow for 1000/mo which I thought was ambitious. I got blown up with tenant requests and had an agreement in a day. However they were not able to come up with the required security deposit so I reposted it to Zillow and again am getting a lot of response
Now I’m faced with tenants asking me to hold the property for them. Good tenants coming from out of town. Military town. I’ve been telling them that I can’t hold it due to demand and my need to place a tenant now. Its only been one day since I reposted it. Got two coming to look today. One for a second time but they say they can’t occupy til October. How does the community deal with the holding issue?