Being "nice" is going to cause you far more headaches and expenses than ANY other catogory of expenses a rental property has.I have had rental properties for 30 years and EVERY time that I allow a tenant to move in without full deposit, accept late rent,  agree to wave late fees, unmoved grass, etc. it ALWAYS grows in to a bigger more expense problem for me AND the tenant.  

Now that, coupled with appreciation, might be a strategy in itself for high income individuals, but if that's not a large percentage of landlords, ...like I said, expect a sell wave at the smallest sign of economy trouble or appreciation slowdown.6.

Has anyone used WAVE? 

Hey all,So I've done my first two waves of wholesaling letters recently, and I think a lot of things need revision, so I need your help.Out of 1,200 letters I have received maybe 10 phone calls, which is absolutely HORRIBLE. 

No boarded up windows Nicely kept yards Even a few friendly hellos and waves as we were walking the neighborhoods 

We aren't looking to pay for insurance if already covered.Other Info:The condo complex is raised (Stilted)We have requested info from the HOA to see whats covered in the Master policy.Scenario:If we don't take this coverage (as its the master policy has wind and flood) and opt for the studs-in and contents only, would we be covered if say in a hurricane the slider glass got damaged by debris and the interior suffered damage, or if a flood affected our second floor unit, maybe even a wave?" 

Mostly U/W will wave that expense. 

Keep in mind too that when a downturn hits, it comes in waves.

I go through all of the questions & quickly toss the responses to each of them in one mass email for all to see as to avoid a continuous never ending wave of follow up responses.

Big wave right now in my area.