My partner built a website in 2009 and paid for a plugin that displays homes for sale in maps etc.. you know the typical exchange service that pulls homes from the MLS.Well, she paid $1000 back in 2009 that was supposed to cover 1 yr of service from the plugin, but then the company never sent her another bill, so she wait and wait and wait and come 2014 they never again billed her for the service.Her website is still up and the plugin still works, so they pretty much let her use it all this time and forgot to bill her.

I have family members who try the "ban the behavior, not the breed!"

Almost as bad as the questionable behavior of both wholesalers and agents might be the level of ignorance.

Mortgage history is displayed through a credit report.

@Theresa Harris , I have mixed thoughts about not getting the cosigner and mom involved,  for the same reasons we record judgments even though we know there are  -0- odds we will collect;  at least other owners/managers will know about this tenant's past (assuming they perform background checks).If the people who are supposed to be watching out for her don't do something to correct her behavior, it's certain the tenant will keep on their dangerous and (self) destructive path.  

Have you seen behavioral changes upon conversion to owners?  

However, this concept is already priced into a lot of what's for sale, and into the behavior of local investors, who are fiercely competitive.

They can be used as a "reserve fund" for your first investment property, eliminating the need to come up with another set of cash to display to the bank if you use conventional financing.Honestly I believe the best thing you can have for RE investing is cash.  

So much so that I'm seriously considering sending them a "best tenant" gift card to re-enforce their positive behavior.

Regards,I think your letter sets the tone for what's to come for them.I doubt they will stay if they think the area is going to result in going to prison.You also might want to legally concealed carry in the area.Dope fiends (their customers) as well as dealers can be unpredictable and sketchy in their behavior, and stealing your shoes could result in a bullet to pay for their next high.Also, watch out for unscrewed but still in the socket, missing, or broken exterior lights--that's rapist stuff.