Not only that, but lending to the poor also became a qualification for take overs and mergers, if you had not lent enough to the poor, then a take over would be blocked.So in one stroke, ability to repay took second place to other things.Mortgages were then made, packaged up into so called bonds and sold to investors (not re investors, but people like pensions companies etc).In 2006 a lot of these packaged mortgages were found to have deficiencies, eg people not repaying, and the investors holding these investments started disposing of them.Banks were asking accountancy firms in the City of London and Wall Street to start unpacking each one of these instruments to redo e paperwork and pull out the bad loans and then repackage them.The Banks were offering in London £50,000 to redo one of these bonds (for a better word) and offer insurance on the bond after it was repackaged, the auditing and accountancy firms asked for £250,000 per bond and no insurance. 

One of my units requested to terminate their lease early because of a neighbors cigarette smoke bothering them.

You can send e mail invoices and accept credit cards (or leave that feature off like I do).

@Randy E. you crack me up! 

Exactly, @Chris E.

I've used e-renter.com for the background check.

Albans is the lower class tenants (lots of need based subsidy programs), and the overwhelming demand for Section 8 usage.

As long as you don't over complicate things you'll e fine. 

I had a bad tenant who left an incredible number of cigarette burns throughout the carpet and so much damage to walls that the place had to be repainted.

He received the final payment, and I have been trying to contact him through e-mail, text, phone with no answer...DUH!