Nothing in their back ground that a nice fat security deposit couldn't solve.But the information you gave is only half the picture, I'd want to know about the property itself, to understand if it would be a good long term fit for the older couple.

Are you really going to weigh a tenant and put them through the humiliation of telling them they're too fat for your house?

I'm definitely interested in anything distressed in the area but I think at this point in the cycle it's the builders who are getting fat and happy. 

No termination clauses.I would want more yield for undergoing what you are going to do but if it;s close by it might fit your portfolio.Try to get the interest only to convert to a permanent loan at today's rates.

It's right in the middle of the city and will undergo immense gentrification in years to come.The house came up on the MLS and I called the agent immediately.

Most people would think that taking a big, fat, obscene, unconscionable, UNSUSTAINABLE (blah blah blah) California public pension, and fleeing to the Midwest would be the ultimate golden parachute for a common, blue collar working man like myself.

I'm a new member and new investor from Las Vegas, NV and I wanted to say hi to everyone on BP. I can already see how much valuable content there is on this site and I just got here recently. My wife and I are new to R...

Further agent undergo a test and earn a license which requires them to adhere to legal paremeters.

Now because of that fat cash-out refi, I have a larger note to pay and the property doesn't cashflow like I'd hoped.

Be smart and you shouldn't have anything to worry about.Furthermore, the city is currently undergoing massive redevelopment; a new sports arena, an international bridge crossing comes soon, streetcar line downtown, and billions on top of billions put into redevelopment of vacant/derelict structures.