If you do section 8 you also have to be aware that your notice requirements for renewal and also for lease termination are longer than the standard lease.

(If they are an adult you should have already done a background check on them.) you could also renew them at the higher rate on a MTM term in case the payment issues continue.

3/1 detached will have maintenance/cap ex in excess of $300/month over the long term in today’s dollars.  

Under $150, easy to install and use, tenant can set their own code but landlord can retain the master and always have access, tenant can't lock themselves out, standard key for emergency backup, batteries last a couple years, etc.

I am not sure if you are in an area where keeping the heat off could be a lease violation or you have that term in your lease.

I would love to keep it as a rental but at this time I think it would take too long for the rent values to increase enough to make sense Worst case scenario is I have to hold the home for an extended period if the market decreases short term. In

Tenant shall be responsible for any property damage caused by failing to maintain utilities or report utility problems in a timely manner.Tenant Utilities: ______________________________________________________________Pass-through Utilities: _________________________________________________________Utilities included with rent: ____________________________________________________Propane: If applicable, Tenant shall return the propane tank level to at least _______% upon termination.

They should put the tenant on notice, and indicate their intent to terminate their lease if they don't correct the problem.If you have no such clause in your lease, you can find the owner of the property using tax records, then skip trace the owner and contact them to let them know of the situation.

Just some wire fees and maybe termination fees from the custodian and your time to consider...

Many though, struggle to understand our market and the US culture of tenants.At the first negative issue, many panic and either want to sell or terminate us:(It can be done, but depends on your team and YOUR management of the manager.