There's nothing wrong with where your your present cleanout is located.

All things being equal, I would accept these applicants, but I would require them to pay a deposit equal to two months of rent.

Note, I am not looking for a syndicate to BRRR or rent of some sort.Experience: I have personally bought an old home on a 8,000 sq ft lot, rezoned it to two 4,000 sq ft lots with a family member.

@Simon Packman Not sure where you’re located but I have Vermont Mutual in Northern New England for most of my properties and the most I’m paying for any of them is around $4400.

Again, you market should dictate how you interact with tenants but generally speaking partial rent payments shouldn't be reasonable.

I'm a mortgage lender and investor located in St.

The original six month tenant I had extended the lease 9 times and stayed a total of 5 years, paying me about $15k over market rent annually.  

Investment Info:Townhouse fix & flip investment. 123 W 132nd St is a historic townhouse located in Harlem, New York.

Investment Info:Townhouse fix & flip investment. 159 W 129th St is a multi-family building located in the heart of Harlem, New York.

You can probably rent it out for between $1,200 and $1,400, so from a cash flow perspective, that’s just shy of the 1% rule that’s often talked about here."