I would imagine not as they are different lock sets replaced over time.2.In the lease there are no pets listed but many tenants have pets.The tenants said they would pay a fee to keep the pets.So Instead of a security deposit I was thinking of a one time "pet acceptance fee".This way instead of a security deposit having to be escrowed in a separate account the money can be spent right away to increase cash flow.3.I was thinking to prevent toilet clogs the tenants should put those child safety toilet hinges on top of the lid so they toys etc. do not get stuck in the pipe.4.One of my tenants cars is sitting in the parking lot without a tag and a flat tire and the tenant says they don't have money to fix.Do I get that hauled away??

Be reasonable and consistent in your policies... unless you really want to create unnecessary paperwork and overhead that will cost you and your company lots of extra accounting overhead costs.

Some investors want to turn that first time home into a Ritz Carlton, that's unnecessary.

I think common sense prevention steps are just as important.

Incurring all these unnecessary fees for the foreclosure, relief from BK stay, and filing responsive pleadings to whatever dilatory foreclosure defense motions you file will do nothing but add to the priority debt owed to the HOA.

I would think the fence's owner would be responsible since you could not have prevented the damage.

If they cannot be helpful, then at least consult an attorney.That should prevent future liability.Questions:Did you give written notice?

I've been in that very position and had to unload, despite heavy losses, to prevent even greater losses each and every month.

I am new to the rental world. Currently I have 4 rentals, I have gotten my easer 2 rented the two I am left with are both completly redone and very nice houses, they each have some crappy neghibors but are still in g...

I could be wrong but I believe most states have a homestead exemption which would prevent you from being able to foreclose your involuntary lien on a primary residence.