- If they are not making their payment, start eviction process with an experienced landlord-tenant attorney.

Always happy to swap ideas and keep refining this process.

If you conduct yourself as a serious investor truly looking to work with that PM than they will likely help you through the process, especially if you use them as an agent.

The rules are also very landlord-friendly (no 12-month eviction process!).

I really scaled up my number of doors the last couple of years and didn't bring any new processes to the table and it feels like a mess.

We learned through this process that when we don't have the answers, we need to ask for help.

Often times, their approval processes are slow.Credit Unions - Their member structure also subsidizes their financial structure so they can also be a source of low-cost financing.

If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.  

Acquisition,  processing, etc. perhaps. 

I would get the new tenant to apply and process it per your criteria.