My experience is that anything can be solved if the end result is important enough to you!

I would match your tenant up with her local credit union or banker that is willing to give her a little of his time to help her with knowledge to build up her credit and savings towards buying your home.

The value of this loss of property is subjective and can result in widely differing figures depending on the individual properties.

@Will Barnard, regarding the comment about sending inspection results to the bank so they can't stick it to the next buyer...how would you do that?

Vacancies rise and rents are reduced as a result.

Automated post cards may fit nicely into your budget, just remember that the response rate is such that you'll need to send far more to achieve the same results.

There might have been an inspection requiring repairs and those repairs were not made in a timely fashion, resulting in a rent abatement.

Violations of the ordnance may result in citations being issued and repeated violations may result in the animal(s) being impounded and the owner being required to attend a hearing in Justice Court.I don't want to take this to court but not having a tenant is driving away $1000s of dollars from my pocket.

My 401K gave a nice return of about 17 percent after fees this last year, not counting my company's 4 percent match.

My wife and I are novice investors and have spent the last 5 years honing our property management skills, learning all we can about investing, and repositioning an 8 unit multi-family from a D+/C- property to C+/B- with what we consider good results.