Because of their background (95% of our residents are recovering heroin addicts) and payor status (50% are paid for by their treatment centers, the rest split between family or self-pay),  standard 1 year leases with monthly payments do not work.  

And for you to recover rent at that point wouldn't be worth the hassle of suing.

You're so lucky the propane tank wasn't closer...or the electrical lines...or the tree.It did melt the lower low voltage lines but the tree will recover.

@Steven Mendiola admire your gungho attitude, be sure to temper it a bit with reality, but don't lose you energy - it can help you recover from a lot of mistakes!

As long as the investor does not expose himself to negative cash flow for long periods of time, over any 5 year and definitely 10 year period the real estate market in general should recover enough to provide a positive value change for most real properties.  

Esusu), so doesn't help landlords prevent delinquencies and recover debts. 

The original guest loses everything, minus whatever money I recover from a new guest, plus a $100 processing fee.

The other ones are into their Funds and from this experience, i dont have much hope to recover the initial capital.

I basically started:​This subsection does not prevent a landlord or tenant from recovering cost or attorney fees under a court order under requirements ch 799 or 814."

You'll most likely never recover your cost (cash).The cost of a 4plex should be less than 4 SF's, but that also means your total property value will be far less for the amount of cash (cost) you put into it.