Overall, we can estimate a financial loss of over $30,000.00.Since the incident, our procedures changed tremendously.

Have good forms/documents up front, good software, extremely good processes and procedures in place and like the others said a good team that you can quickly delegate to.

That's usually works for an extra scalp massage.

This is a very problematic situation we are seeing that tenants are taking advantage of.You as an owner should get updates from the case worker at CHAP, you should get updates regarding that as well, if tenant isn’t approved, you should talk with a 3rd party eviction company that can deal with the tenant and get him kicked out ASAP with the usual procedure of eviction.When you don’t get any money you should move forward with the process after checking the status.Keep in mind that if you do get money from CHAP, you can’t evict the tenant for 60 days.

I am sure it will be spelled out what the procedure would be if positive.

I agree with each one of you and will try to work in some of your procedures in the next series of calls and texts.

---So, ask about their standard operating procedures and make sure your management contract has an easy termination clause.What are your options if you experience one of the above?

If they are a good PM, they have  a set of procedures and rules they follow, not just flying by the seat of their pants for every owner they work with.

It usually includes basic information about the LLC and its owners (known as members), the company’s elected tax treatment and guidelines for how certain key procedures will be handled.

They have policies and procedures in place that will reduce losses.