If ANYTHING goes even slightly wrong, make them think it’s a HUGE deal, apologize, tell them you’re going going to have a long chat with the cleaners, offer gift cards to local restaurants, etc.

I considered investigating acquiring credit cards or other lines of credit to facilitate this. 

Someone asked to rent from me and was up front about having maxed out credit cards (they said to pay for family business start-up equipment) but never missing a payment.

I live in, and want to purchase in the very expensive California Bay Area market.720 credit score, no loans or credit card debt with an exception of 50k in low-interest Federal student loans (Currently in grace.)So HERE is my question to all of you knowledgeable and wise real estate investors!

I do have credit cards that I could fall back on if there was an emergency (which in my mind is not ideal, but I could be wrong).

If they scratch a wall or dent the door, charge them for it.I manage over 300 rentals and get at least one tenant a year trying to pull the "mold card" on me.

With the first company I worked for (Discover ((yes the credit card company))) I was paid in bps.  

Example.xxxxx1: “O” Checking = All Rent in, Bills/Expenses Out; xxxxx1: “A” Savings = All Reserve funding in, Repairs;xxxxx1: “S” Savings with limited withdrawals = Deposits Held;xxxxx2: “A” Savings = Mortgage Holding account;xxxxx2: “S” Savings = CapEx Reserve Funds;I have a credit card specifically for rental purposes, always paid off from the rental account; and the rest of my personal accounts are all separate.

Question for those of you who know,We currently use several credit cards (to of course gain points) for our apartment properties, which we spend over $150k a year or more on. 

I would venture to say that the benefit is protection; if all else fails, you pull that card to protect yourself.