I'm playing the roll of property manager for a 4plex property my partner just closed on 2 weeks ago.At the time of closing 1 tenant had not paid rent and I understand this was chronic.

Anyway, I am having a case of insomnia so pardon the rambling post.Its all about the numbers.

Thanks Ryan,You know if it weren't for insomnia :shock: and late-night infomercials, I wouldn't be making any mula in real estate.

Fair housing laws state:If you or someone associated with you:Have a physical or mental disability (including hearing, mobility and visual impairments, chronic alcoholism, chronic mental illness, AIDS, AIDS Related Complex and mental retardation) that substantially limits one or more major life activitiesHave a record of such a disability orAre regarded as having such a disabilityyour landlord may not:Refuse to let you make reasonable modifications to your dwelling or common use areas, at your expense, if necessary for the disabled person to use the housing.

Speaking of time management, I see bank examiner types have similar insomnia issues, LOL J.

Everything on a house has a life span and repairs have to be done constantly.In my state, if I have to issue 3 pay or quits in a one year period, I can evict for chronic late payment.

I really am not brilliant enough to step in and fix such a chronic situation myself.

For chronic lates that are good tenants, but having difficulty, we still take them to court and get an eviction notice that is valid for 10 years.

One of the foremost PHX RE experts is calling that there will be a chronic shortage of housing.

Hey there, a little background: I purchased my first investment property at the end of December, which is an owner(me)-occupied triplex located in DeKalb county in Georgia, USA.Everything is going well, I've moved in to the unit, I have a roommate, and I've rented out the other unit to a great tenant, However, here is the snag: I inherited an existing tenant who had been in the property for almost 9 months and is historically chronically late on paying rent, but he has always paid it.His story: He apparently used to have a stable job when he first got the lease, but now he does freelance general contracting/handyman work.