Having the tenant be responsible for something like the first $1000 of each maintenance issue, or $500 can be a big help.

Most people doing creative finance downplay this explosive issue.

And you're totally right, housing issues cut across political and other lines.

The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason. 

The Assignment Contract is what gives the cash buyer the right to purchase your interest in the property for the price agreed upon in the Purchase and Sale Agreement, as well as the profit you are charging the cash buyer to buy your right to that property.Occasionally, you may have an issue where you need an Addendum.

Its been a wild ride though doing all this through massive inflation and supply chain issue and Covid..  

But in my opinion, the biggest issue I see with folks jumping into their first "big" multifamily deal is the quality of the pro forma. 

Let your criteria do the filtering for you.Regarding retention and renewals, the only time I have asked people to leave is when they have had rent payment issues and/or damaged the property. 

Had some issues connecting VRBO at first, too.  

Most negative comments come from competitors, those nitpicking minor issues, or people who haven’t worked with the company at all.