Hey Courtney, One approach you could take is to plan for the worst-case scenario on any future BRRRRs (i.e. run conservative numbers, use the realistically highest interest rates, etc.).

But when I want them out, I really want them out and don't want to wait 12 months to get rid of them.My very worst tenant was completely wackadoodle crazy on top of being a demanding whiner.

worst case would be 6 I would say.Actually the quote I got was for just under $300 a year for the insurance.

Personally, I like having 6 months-12 months of mortgage payments in the bank or otherwise liquid in the event of a worst case scenario.

Here is a picture of one of the sides, the worst section.

:The data is not the problem, the problem is potentially being rejected by underwriting because the predictive FICO model deems you as high risk.I would imagine expanding the data over a longer time period (say 20-30 years) would show those same people have a much better chance of paying you back. just because they made a calculated risk in the worst housing market since the great depression doesnt really tell the whole tale in my opinion.I do however see your point and that would not be good forcing out legit buyers.

I am terminating one of our tenants lease at the end of September and just wanted to see if there were any suggestions/tips members might have…both to make sure the process is correctly followed and also to keep any hostility/animosity from the tenant to a minimum.If you are interested here is the background…Tenants A and B signed month to month lease April, 2012, they turn out to not be greatest tenants e.g. paid late 4/5 months (did pay though and $120 extra in late fees so not the worst), smoke in the apt.

I tend to be too positive about deals and not looking at the worst case scenarios so should probably steer towards Marc's response.

Hey guys,So I went out into my target market and got a list of about 20 of the worst properties in the best area I could see.I could only write down the addresses, as your advice about mailing them suggests @josh caldwell - How do I get postal codes and full names?

If you will look at the first paragraph of figures, you will see the Most Likely, Best Case and the Worst Case scenario's.