When you believe someone is going to cause problems, it's best to flood them with evidence and put them on notice that you are prepared to defend yourself.

Took one booking, the tenants broke contract by bringing a pet (dog hair and a bone were left behind), and Landing was not exactly pleasant to deal with in recouping security for extra cleaning and damages (dog used the ceiling fan remote as a chew toy). 

That means you make 2k in origination and then 11k/12 = $916/month.Let's say they hold it for 5 months = $4,580 + $2,000 origination = $6,580 return on 100k so about a 6.58% return and your risk for that return is 100k, cause the deal you back can go sideways.There's a much safer way to make a better return. 

The fee cannot be interest, a finance charge, liquidated damages, or a penalty.

This is causing me issues because I have to take time off work to clean, and new tenants are pushed back on their move in time to the evening. 

Hi Nathaniel - Given that it was caused by a water leak and might be seen as a necessary repair, you can try to classify the expense as a repair rather than an improvement to get an immediate deduction.

In this post, I will focus only on the location requirements.Rents Rise Faster Than InflationInflation erodes the value of money over time, causing prices for goods and services to rise.

Cutting back vegetation etc.The home probably got more deferred maintenance, water damage evident even in this video.

When it's all said and done, I have a lower-quality renter that pays below market rates and causes me a lot of problems.

They reached out last storm Helene and we survived with no damage.