- fair option price on the house, no jacking the price.- market rent, not under market not over markt.- Keep a folder on all the doc you pull on the leasor/optionee. 

You may or may not have been wrong in how you handled it initially, but there will be a fairly painless way to remedy it I’m sure.

I'm fairly new to BP, been lurking for a few months.

You can do it for your own property, but not for properties you don't own unless you are a full broker.You would have to be a licensed agent under direct supervision of a full broker running the property management company.There's an enormous liability doing property management because of the fair housing fines.

Federal Law: Fair Housing Act, enforced by the U.S.

If the deal is fair on both sides, it will be less complicated to buy directly from the seller.

I keep hearing bits and pieces about a rental strategy that is best called "Renting to the Disabled by the Room for Above Market Rent" that goes something like this: (1) Buy a house with as many legal bedrooms as you can that still has a decent sized common area, (2) rent it out to the relatively high functioning disabled crowd, (3) via some [unnamed] Government program the State pays above market rents for each of the tenets. (4) Send a house keeper 1-2 times per week to ensure the place stays clean and otherwise make sure there are no issues.The up side is: you get above market rent with a much higher than average tenant count.

Depreciation is “baked into” home prices the same way appreciation is, and it tends to be fairly inelastic.

They said they would pay both months by 10/17 - that came and went without any further discussion, so I think I did the right thing by filing the complaint after the 10-day notice period.I've been fair and accommodating, especially given their tenure, but as I've read frequently on the forums, there comes a point where they are just too far behind and may never be able to catch up.

Most mold is harmless and fairly cheap to remedy .