One mistake could extend the tenant's stay for months without any income, not to mention the stress it could cause.

I have been married to my husband for 10 years we have 2 girls together and he has 2 adult girls and i have 2 teens all girls .but my husband got that title when he was 20 now he is 44 but i can tell you from my experience its been rough over the years cause people love to judge but forget how easily something like that could happen to themselves or there own kids .i am currently looking to find a place for my family cause the lady i rented from for 10 years decided to sell.

Sewer Cabling/Drain Cleaning: When there's a blockage, usually paid by the owner unless the tenant caused it.

This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.

He is an electrician and lost money that had a big impact on his life, set his family back a few years financially, prevented them from being able to buy the house they wanted to for themselves to live in, caused a lot of stress in their relationship etc.

You are dealing with the issue quickly and professionally.The tenant told you the home is causing health issues.

I can understand the temptation of wanting more rent from your multifamily home however I would add this to your train of thought:What would happen if your tenant in your illegal basement unit burned down the house which caused another tenant to get hurt or even die?

Most of the population moved to the surrounding suburbs or other cities and abandoned the downtown area, causing it to become a center for poverty, drugs, homelessness, and crime.

Louisiana is also a very landlord friendly state and that doesn't hurt either.I have been looking at the rental data in New Orleans lately and it seems like there may be a surplus of rentals available, most likely due to the STR rules causing people to switch to regular long-term rentals.

In fact, if your tenant does poorly, it may put you in a situation where selling is the best option and you will be stuck using the agent that caused the problem in the first place!