I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least.  I have it narrowed down to three but am in...

Last year the unit failed because there were no drip pans under the stove. 

Hi Anne,I live in California and own investment properties in other states and across the pacific.

., it would cash flow at 100% financing but it doesn't appear I am going to be able to go that route with the seller.Thanks for the input and I will let you know if it pans out.

(See Pacific Heights-the movie)  People who are in Possession of the home without a lease agreement, or listed as Occupants, are "Squatters".  

"What would you do if you had a grease fire in a pan on the stove?"

If the hookups are done with metal braided hoses the chance for a leak at that point  is very unlikely.If you use a Washing Machine Pan hooked up to a drain under the the WD, even if the machine leaks or over fills, the water will not be a problem and not flood the unit. 

This is especially important in the moist environment of the Pacific Northwest.... or should I say Pacific North"wet".

Watch the movie "PACIFIC HEIGHTS".... guaranteed to make you think twice about accepting a wad of cash up front and unconventional terms. :-)

She left clothes and pans in her unit but all furniture is gone, fridge is empty.