Renter's Insurance is a cheap date for the tenant; it protects their security deposit and assets. 

I liked the tenant, school is starting back etc, I told them they could pay first month and security deposit and I would let them have the rest of August for free.

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

.ⓘ This is not an offer, solicitation of an offer, to buy or sell securities.

Here security deposit and most of the first month's rent are supposed to be paid by NJ Victims of Crimes.Fast forward now:- she did not pay her rent of January.

End to end, I bought the land, secured permits, got the PPA and IA, SUP, and still own the project.

Assuming plans are needed to secure a permit.

We've also advised this method to our investor clients that borrow from us.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

I noticed that the previous owner let them pay half the security deposit and the other half later, which is a red flag.