I really thing the Bear Stearns incident helped us hit bottom faster which will allows our economy to start rebounding sooner.Don't forget the stimulus checks start this week.

For first-time violators - but probably not those who mess-up with their first rent payment - we often tell them if there are no further incidents during the term of the lease, we will apply the late fee towards their first month's rent on renewal.

After the incident in San Diego, I turned off to real estate, but I soon realized that it was an expensive lesson none the less.

I just took 3 minutes to look up that corner in a trulia crime map and here was the most recent incident:"Shooting/Stabbing.

My main concern is the insurance; my initial understanding is my regular home owners insurance wouldn't protect my self in the event of an incident.

That incident made the paper and I think even the national news. 

Not sure if they burned, got torn down by the city, or some other crazy incident, but there is fresh tilled dirt when I get there.Some auction.com homes you can see inside, some are occupied and they advise not to disturb the tenants.

For someone who has never inherited tenants, the logistics involves keeping the tenant despite the initial warning flags, then a state of limbo where you weigh the pros and cons of evicting them, then a final straw incident occurs and you evict them way later than you should have.

You need to screen your contractors properly and check the dbpr for any incidents.

My point is that after my July incident I learned that it doesn't matter if we have warned the guests or not; and it's right that the heat wave is not our fault but it's not their fault either.