Hi everybody, The tenant in Manore Austin, just moved out and the carpet needs to be cleaned and we should paint the walls too.

But if you dig deep and work on where you can get the price down and potentially raise rents -- consider that.  

Per his request we did clean some mildew / mold (small spot behind furniture ) and it has not grown back.  

Stainless steel is very hard to keep clean.

You dove into the deep end of the pool without knowing how to swim but some people learn that way :).

Not rental stock but that city has deep old money... not what I had imagined.

I have also heard that it is important to make sure you have clean hands as the first level of conduct is for them to assume you are involved as well and are reporting because of some "falling out" with the target. 

If there isn't a large gap between what you can qualify for and the general market prices perhaps you can use a 203K loan and find a multifamily fixer upper at a deep enough discount.  

I often wonder if they were ever affected by the 'bomb' chemical residues as they apparently never bothered to steam clean the carpets or even have the vents cleaned.I recently saw the home again after the current owner gutted the lathe & plaster to upgrade the insulation, electrical etc.

Tenant agrees to a new termination date of the lease of July 31, 2015....Landlord agrees to refund to Tenant all unapplied pre-paid rent less costs for damages, utilities overages, cleaning, and financial remedies upon the date Tenant quits and vacates the property.Would you recommend billing the tenant for the damages from Question #1, or go ahead and deduct the amount for damages from the rent refund just as the tenant signed and agreed to in the Early Termination agreement?