That’ll be $50.”Document EVERYTHINGLiving with tenants means you see it all—good, bad, and downright ridiculous.

I received an email with pricing on both structures, prices are not bad, but do not include much, I still have to pay for a deed (quit claim or warranty) to transfer the rentals, register agent fee if I decide to open the Wyoming LLC.

What @Jay Hinrichs said - I always preach on here that it is far better to have your place sit empty than to have a bad, or even dubious tenant.

Like any investment, there are good and bad deals.

I have written this off as a bad debt, 15K + interest and fees!

As always, some bad actors cause burdensome regulations for everyone else.Per the Akron Cleveland Association of Realtors:"For example, in Cleveland, a local agent in charge must be identified if the property is not owner-occupied.

At least run this with good, bad, worst scenarios.

That looks pretty bad for your cash flow.

Clearly I can’t sue someone that’s actually ill, I was questioning, but feel bad about that now.

This mitigates your risk in picking bad ones as you get to keep your good one.