@Ayodeji Kuponiyi, if I took an application fee and did not return it, I would feel obligated to inform the applicant why they were denied. 

Some will say you just need Liability Insurance, but there are tons of risks with that, since most policies will find carve-outs, limits, and flat out will tend to deny larger claims on technicalities that will have you fighting for your personal assets in court.With that being said, LLCs limit personal vulnerability to potential lawsuits related to the property(ies).

Once people start to abuse it, Cali will surely start an option clause.

In Texas lanldords must allow early termination of a lease in the case of domestic violence.The requirements are pretty straight forward, in that any tenant with a court-ordered restraint and police report for a domestic abuse/violence issue can leave without penalty.Usually, but not always, the court order will mandate who stays, who goes, and who's responsible for the lease. 

A family of six hoping to rent a two bedroom apt, a mentally challenged woman with two small children trying to escape an abusive husband, and a young couple, maybe nineteen or twenty, who were looking for a place they could share with his parents who'd just had their trailer repossessed are some of the people who applied for my most recent vacancy.  

If you want to get into wholesaling, your money is gonna be made from advertising and half of that is from following up with people who deny you.

In a downtown area, however its a depressed area with high substance abuse in the city.

I believe that this may be because of less sophisticated homeowners who the HOA, their attorney's, and management take advantage of.An excessively high reserve is ripe for abuse.

Hi everyone,I have a dilemma on my hands and I'm looking for some advice. I have a duplex in a very desirable neighborhood in Michigan. It's never vacant because of the location and because of the condition. I purchas...

What are the reasons you're being denied financing?