Mindy, I'd recommend one more podcast requirement:6 - You must have been in the Real Estate business for at least 10 years.Sorry, but I don't care how many deals they've done, if they haven't lived through at least 1 full Real Estate cycle, then they are a newbie and should not be giving advice on a podcast.

As others have pointed out, this well-exceeds the current averages that we're seeing.With that being said, one situation that I've seen lead to this result several time over the past few months is an active rental listing being stuck in a cycle of chasing the market down.

They want proof to back up what was said, or not said. 

I am thinking that providing section 8 housing may be a more affordable and recession proof way to get started in real estate for rental income.

Curious to where you landed and if you have any advice after running a few tax cycles.  

Lastly, set up your property as tenant proof as possible.  

You should have proof you tried to return the deposit via certified mail. 

I'd also get proof of their insurance and say it must be active for the duration of their lease...and write rental insurance as part of the lease, so if they cancel it, you can get rid of them.

They start the laundry first thing and finish the cycle during the cleaning.

Our average deals cycled in about 95 days.