When this very first month rent is due, he told me his bank account got frozen just the day before, he has half of the rent in cash for me, and the other half as a check for me to deposit later when the bank issue gets resolved.What should I do, should I trust him?

Hi dear BP members, I would need your help and would love to hear your opinions on this!I have just purchased a rental, the tenant came with it. He seems to be nice, works in hospital as technician, he does has house ...

In case of no payment owner is contacted so utilities are NOT cut off, and utilities can be reverted back to owner, so no frozen pipes or power outages. 

Essentially a travel trailer/camper that lowers down to the ground/ice on frozen lake to fish out of.

An ensuing water loss caused by frozen pipes may be denied by the carrier if the heat was not maintained, whether occupied or vacantInvestors are bearing the full weight of a water loss because they have Basic Form coverage and did not protect their property against water damage.

Absolutely make the tenants pay for the frozen pipe.

MattThis past year the tenants with kids that occupy my units got a free copy of the movie "Frozen".

Yeah that's a pipe dream.Even with 0% down you need tens of thousands for due diligence costs and then reserves post closing.Seller will usually not do zero down because if you stop paying and they have to foreclose they will be upside down spending money to get the property back and have to inject more capital to stabilize it and get it back to where it was before they sold it.Some seller financed stuff people read was from 5 years ago when the markets were frozen and sellers would do anything to not manage a property.

Let it sit another 45 days, have the possibility of break-in or frozen pipes, or sell it for a little less to a bona fide cash buyer right now.

The only problem I can think of immediately would be winter in a cold place where you'd run the risk of frozen pipes, etc.