I also recommend adding a 15% buffer because tenants tend to squander utilities when they don't pay the bill directly.

I do not look back and wish I had managed my payment risk by stretching my pmts into the next century or feel I have squandered the $178 a month on a low ROI investment.

Let me give you my perspective from renting to college kids for over two decades.The ones who have some skin in the game, as in _having_ to work to pay for some or all of their education get 'centered' real quick -- either realizing that college is not for them or buckling down and working their asses off to reach their goals.Unfortunately, the majority of students I've come into contact with are getting a degree in 'party' and are simply squandering their time and their parents' money.

Your reputation is everything so if someone want's to squander their reputation over a $5 - $10K assignment so be it.  

If you haven't successfully handled money in the past your likely to squander your inheritance .

Passing of the boomers will create a huge upsurge in the economy when all their hard earned savings are squandered by their children.

Turned out he couldn't get the permit to rehab, so instead, he lied to me about getting the permit, then squandered my money on things unrelated to the property it was meant for.

The folks who have money end up squandering it away and not lasting very long.

They leased out a lot of the property to the McConnell Foundation, and have tied up the crown jewel of the city in limbo with neither one doing anything to develop it, and have squandered what the City could be. 

This is important to me, as my whole life up until that point I have been a chronic underachiever, squandering my natural aptitude.