Super duper big fat NO.

Then who knows maybe they call you in  a rough headache filled month when a few expensive repairs or vacancies have them thinking about the merits of being a note holder getting a fat check every month and no problems....Best of luck!

Maybe they keep hoping that check will show up in the mailbox and instead only see cobwebs in there.At any rate, when they finally have their belly full of their free loading tenant then they want to know how quickly they can get them out of there (and are sometimes upset to learn how long it might take to do this).Your lease should specify when rent is due, when it is late (and the tenant incurs a late fee) and if not received by the due date, you begin the process of eviction with the Pay or Quit notice.Gail

But I have a big fat deductible because I asked for a big fat deductible.

Here are several items that know one tells you about.1- the owner probably received a fat check from the insurance company and now they have to deal with the property!

Might get a fat zero on the closing statement. 

I don't deal with clients or any of that area that's my wife department and she gets a fat commission for it, more than the average property management company out there.The cashflow is way better than long term tenants, like wayyy more, and also I can enjoy my properties from time to time, the wife loves that...The numbers always have worked out more than long term tenants.

Landlords are big, fat, soft targets, 90% of what we do is just own stuff.  

I feel way more comfortable trimming the fat and running with a great cash flowing property.

But I also assume during a bad recession certain businesses go belly up as well