On the rare occasion where a tenant can't pay, I treat them with dignity and respect, give them 3 days without late penalties, and and even offer to pay for their storage unit for a month while they transition (approx $50, vs $1000s in lost rent, court fees and damages if you have to go through eviction); 95% of the time they've just had bad luck and appreciate the treatment.More importantly, their neighbors see that I'm not just a stereotypical 1980's movie landlord out to ruin the lives of single moms and their adorable band of misfit children, and believe it or not, this really does affect their decision to move on when I do my annual rent raises.

Thats my "bona fides" (yea, I will quote a john wayne movie every once in a while :-) for the banks to do refi's with me.

In essence I benefit from the higher demand from students wanting to be close, but don't have to deal with the difficulties associated with the ridiculous National Lampoon (movie reference) scenes that college students tend to attract in my units.  

Baby steps from movie What About Bob.Sounds like you are in a great position.

It reminds me of the sort-of-abusive, kind-of-deranged, Northeast Philly family portrayed in the movie, Silver Linings Playbook.

I'm a full time Truck driver for Movies and Television in NYC, and looking to break into the world of REI.  

It's like that movie "Close Encounters of the 3rd Kind". 

They dream of a better life in RE.Ever see the movie "Office Space?"

As far as where he got the name, it came from a “cheesy” B-movie Dorkin saw where a pimp pulled out a roll of cash and exclaimed: “I’m going to need bigger pockets."”What movie, Josh?

But I did work at a title agency like I said before which taught me how to follow and audit the real numbers and how to invest in real estate and the one lesson I never forgot was -watch the entire movie, not just the trailer, then you don't have to guess the ending!