The tenant was responsible for the other 11 months of the lease rent and paid two months and then stopped.

**Lease and HAP Contract**: Once the property passes inspection, you can sign the lease with your tenant, and HUD will set up a Housing Assistance Payment (HAP) contract with you to begin rent payments.

His question was, if you have a long-term residential lease signed 1+ years and the property is rented out, does the mortgage still count against your DTI?

I underestimated tenant behavior, facing issues like property damage, lease violations, and evictions.Once I realized the importance of focusing on the right tenant segment rather than properties, everything changed.

It also succeeded as a mid-term rental with a nine-month lease.

Obviously you may need to wait until their current lease ends unless they are month to month or unless the existing lease allows you to terminate it because of the sale. 2.

What an agent with experience can help you with is the underwriting process of an applicant and drafting a lease.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

It also allows potential tenants to sign on to complete the background check, and also has options to electronically send the lease to the tenant. 

My long-term tenant wants out of his lease due to his adult son passing away.