I feel 1 month security $ 3200 would cover it as they are the perfect tenants to date.2) some sort of 1 time gift card/wine basket/local store gift3) Offer no rent increase if they lock in and renew for 2 yearsAlways thinking of a Win-Win situation so leaning towards Option #1 as this costs me no money but gives them up to $ 800 that they didn't have.What do you all use as an incentive to keep good tenants ?

Integrity...never compromises on core beliefs...We all bring our own gifts, talents, uniqueness...don't compromise to fit in the box...

To save extra money, purchase a Menards gift card and then purchase the HW heater on the Menards gift card.

Perhaps Aunt Mary gifted the money from the sale of stock to her nephew so he could write a book.

Here is my 2 part question:1) I recently bought some Lowe's gift cards at a discounted price.

Any payments on the balance remaining from the original loanmust be included in the DTI ratio calculation for the refi transaction. o Funds received as gifts and used to purchase the property may not bereimbursed with proceeds of the new mortgage loan The new loan amount can be no more than the actual documented amount of theborrower’s initial investment in purchasing the property plus the financing of closingcosts, prepaid fees, and point on the new mortgage loan.

The down payment was a gift from my parents, all i paid was the monthly mortgage payment.

With FHA you can get the full down payment as a gift from family etc.

The problem we ran into is the gift of equity is only available to family and that is what we were planning on using for the down payment.

Consider giving them a gift certificate to their favorite restaurant as a token of your appreciation for their patience during this time.Also, step up your watch of the property.