You guys need to get rid of that student loan debt.

If they don't, then you file a claim and hope the insurance company squeezes the money from the tenant.Get rid of this tenant.

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…

$10k later, they are still in my Property, Property that you were hired to rid of Non-Paying Tenants.

Challenge is where is their motivation to properly screen applicants and get rid of nonpayers?

Couple quick swipes of the planer, cleaned up the sides to get rid of the bumps, nice and smooth.

I would be leveraging my relationship with my family member to wholesale the property for experience and getting them for investment in my real estate business while my family member gets rid of a property, hassle free, while getting paid.

Admittedly, my properties were mostly in the path of gentrification, so overtime was moving effectively getting rid of my section 8 tenants and going with better qualified, higher rent paying market rate tenants. 

And while the government wants to be rid of responsibility for Fannie and Freddie, they have to be careful.

Why get rid of something that is doing well?