Using money from an appreciating asset just to pay your landlord doesn't seem like a good flow of money.

When your tenant stops paying and communicating, who will knock on the door to see if they still live there?

, what legal documents should I pay attention to and why?

I asked if there was anything else we could try, he got very angry and demanded I pay him in full.

Yes, the government pays the Section 8 rent timely, but more and more tenants are having to pay a portion of their rent.

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

There's not going to be a nurse who will pay $4000 themselves to rent a 5/2 and the property wouldn't cash flow if I rent to 1 nurse for lets say $1400 / month. 

If you want to buy in capital hill and this is a way to afford something you otherwise can’t go for it, thing getting a nice car and ubering part time to pay for it.

I'd have to look) days before they have to pay and rescreen again. 3) I will keep shouting this from the rooftops: written policies are your friend.

Long Term non-paying Tenants.