This was definitely a diamond in the rough, as at this point the buyer has collected 3 years of payments without any vacancies and is just a few months short of totally recovering her initial investment.

If you pay "market" for a "Diamond in the rough" on a quiet or good block, you can attract some good tenants, get good rents, not have the headaches, and be buying at a discount.

Well done reaching $500,000 members imagine now sharing $1.00 from every member as an investment to create a syndicated operation of pro-members  for everone to "tap"into as a vetted fund -- a financial reserve to do single-family, multi-family, commercial properties-- since there is strength in numbers as a cooperative AKA as a pooled investment for even more growth in doing real estate transactions for years 2016 to 2030.This would eliminate private lenders, hard money lenders, angel investors or banks (I so dispise banks and their non-best practices) the reality is similar to an "acre of diamonds" where wealth is in your back yard (see my post in innovative strategies) to convert non-members into pro members...just saying

It happens to me all the time...I think money is missing, then I remembered I got gas or whatever.So next time u have a worker enter the apartment and they say a $10K diamond ring came up missing, are you going to replace that as well?

What are your thoughts on adding a tradeline to my credit history to boost my FICO score.There are a multidude of website which offer the service including boostcredit101.com which offers a diamond package of 3 lines of credit, $80k total line of credit, for upfromt fee of $3,500.Worth it or not?

An old timer looking through the jewelry muttered "funny how there isn't even *one* diamond here!"

Targeting them as a desired tenant is not discrimination, but targeting them to keep them out is a good question.Did you by any chance attend the Black Diamond event when we had the Chairwoman of the Board of the Massachusetts Commission Against Discrimination speak recently? 

Off the top of my head, I can think of some guy named Bob Diamond.

Just don’t discount finding a diamond in the rough occasionally!

@Jane S.Hello Jane,I had a good laugh while reading your post .You have good material for stand up comedy .I feel your pain, here in Australia I had some diamonds coming for inspection and I was getting very frustrated for wasting my time driving there and talking to the jokers .I’m sure soon you will find a lovely tenant.Good luck