He prides himself on having "realistic" standards and claims to value inner qualities over appearance.

the way to go about it is turn it over to your insurance and get the police report.. sometimes insurance will then subjugate the claim and go after the tenant criminally I had that happen on one of my rentals where the tenant did 40k in malicious damage on a new construction home I purchased in MS. 

They claim that they have really high occupancy rates but they do that by offering up properties for really low rates and undercutting the neighborhood.

Don't trust what ANYONE tells you about a market without solid data to back it up - this includes claims about how many transactions they've done or a single example (that's often from several years ago). 

We quit claimed the deed into our LLC for liability etc.  

For example, it's difficult to appease a situation if 1 tenant claims they're using less electric/gas than another. 

Agree with Mitch that if you are going to act, would definitely recommend getting in and getting going so you can claim grandfather status when regulations go into effect. 

This way they can't claim ignorance.I would also require a move out inspection and make it the day after they are supposed to be moved out. 

Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.

The info he claims to have is easy to find on the net or in a book but why deal with Section 8 housing problems when there are so many other investments that are nearly hands-free?