I wouldn't stretch on the first deal and take on more than you can chew.

I think that is probably a stretch....but who knows.   

Hi All, Have a tenant who has been chronically behind on rent for some time, and served couple other 3 day notices in last couple months, to which he made partial payments, and as a result was behind bymore than half the rent as of last month, and so for this month after again being late by two weeks, he was served with another 3 day notice to pay in money-order only, which he finally replied to saying that his account was hacked back in early September and that bank had said his issues will be resolved in 90 days, which sounds like a stretch as the tenant also mis-represented on the application about his previous landlord reference, which was confirmed to be a lie, and has been problematic from day one. 

Trailing 11mo average rent since purchase is about $4,500/mo, but I expect it to be higher in 2022 since we had several long stretches of blocked off dates in the beginning to work on the cabin.

Either the applicant must be stretching the budget or have a strong scarcity mindset, neither of which is a good sign. 

If the three of you can not come up with an EMD, you may be stretching yourselves too thin on this deal.

They are a young couple so it might be a stretch for them to keep up with the rapid increase in prices and that supposes they can actually find a place, which isn't a guarantee in this current market. 

It's stretches out for a small period of time but it allows you you to bypass a hurdle you couldn't drive over like water or a canyon. 

And again I am not insinuating DOH is doing this by any stretch I just think this a great episode for anyone starting out to see how these companies can operate..  

If they don't pay, it all gets sent to collections.Now, maybe if I lived somewhere like CA where they can stretch out the eviction for months, I'd do something different.