., You can use smartmove as an initial screening process, but if it is based solely on credit history, you will be excluding certain groups like young people and the elderly, who may make excellent tenants but do not have much of a credit history.

I picked her (& her 814 FICO score & the fact that she is overall an awesome client) up because some other lender (who is a complete idiot) said that "you need a job to get a mortgage"...After we close this one out, we're going to be dropping the interest rate on the house she provides for her elderly parents by 0.75% or so because some idiot did it as an investment property for some reason -- which was not appropriate.So, yeah, don't discount the retired folks!

It amazes me how ignorant Landlords and tenants both are.If you have elderly people or sick people renting from you, a power outage can be a matter of life or death even if it is only for a couple of hours. 

I used my first home buyer loan to buy a 4-plex. Part of the stipulations in my loan is that I have to live on the property for a year and must move in wwithin 60 days. One tenant had voiced to me that she plans on mo...

Will judge let her to stay in my condo because she is elderly and sick?

They are an elderly couple with past drug use so not too sharp.

Overall a great deal for 50.2 one bedrooms (one floor each, both first floor, great for semi-handicapped/elderly) and one 3 bedroom.

Since then, I have had to evict two tenants using attorneys, which were very costly, one tenant stabbed two women and went to prison for 8 years, one tenant beat up an elderly man, and one seemingly bubbly woman committed suicide and i had to deal with family out of state who could not get along, and a few tough other scenarios.

One elderly tenant moved to a assisted care home where she needed to be anyway because of bad health and the other shopped around for other apartments but discovered even after I raised the rent some, it was still much lower then any other comparable apartment out there.

Your tenants are elderly people with real world medical problems. how do you provide for them, and build a thriving business while dealing with all the management issues?