Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If I'm missing something that demonstrates good faith on their part, please point it out to me.Justice is my middle name.

In order to sell or refinance the home, you will have to pay off the amount owed to the program.People are led to believe they can write off the cost of your payments [principal + interest] on your taxes because they attach the debt to the property tax collected on your home.

A refrigerator replacement will cost you $600 whether you are collecting $300/mo or $3,000/mo.  

========Don't cause an unnecessary expensive turn--collect the rent.Good Luck!       

The eviction paperwork process should be considered separate from your continued rent collection process.

What if they have collections or judgments?

Note my late fee is high enough to be a penalty, but it is not high enough to compensate me for effort to hunt down delinquent rent (my time is precious, I expect to be well compensated for my time especially if I am doing something as undesirable as collecting delinquent rents.  

does anyone know if i am supposed to collect rent for the month after a Tennant dies or just give the family a month to get belongings out and not collect rent?

While I believe anyone can joing CU's (unless they choose to stay private) they could have special considerations, like government employees/servive members where collections are a walk in the park so to speak.