They broke all the glass in the doors and windows, stole the hot water heater, and the kitchen cabinets.

Below are some of the deal details and a before/after pic of the kitchen.

Tenant pays electric.Owner pays the water and trash bill.Large yard .7 acres total including an extra buildable lot.Newer windowsNewer electric systemHouse was substantially remodeled in 2007 (one new kitchen and one new bathroom.

They are fugal and aren't going to be allured into paying the top of the market because the kitchen has granite and cute little pendant lights over the island.3) Someone that maybe just has a great JOB and even though they have accumulated that much cash they are not necessarily all that investment savvy and would be more likely to use that as a big downpayment on a $600-800K+ house.4) Someone who has so much money that $200K is a drop in the bucket and will buy a much more expensive home either with financing or a lot more cash.Part of my "bias" is that $200K is actually a lower end price point in MA.

Now, I have seen my share of destruction from angry home owners who wanted to stick it to the banks who foreclosed on them.Broken windows, smashed tiles, cracked bathtubs and toilets, sprayed painted kitchen cabinets, ruptured copper pipes, poured concrete down toilets and bathtub drains.

Are you talking about leasing to a group of 3 roommates ("hey, let's all live together"), or 3 individuals who are each essentially renting their own room and then sharing the kitchen and don't necessarily know each other?

Because I’ve been renting to my friends, I did not take the time to adjust the lease contract my dad uses for his rentals to reflect that each tenant is renting one bedroom/bath and sharing common areas (kitchen, living room, dining room, laundry room).

Tenant was there for 21 years, kitchen was from the 1950s.

Those who say they don't have time really mean they don't have the motivation.

The deferred maintenance to the property includes, but is not limited to, roof damage/leaks/roof replacement ($4.5k), deck repair ($1.5k, gutter replacement ($1k), landscaping & tree work ($1k), carpet replacement ($500), and kitchen/bathroom repairs/upgrades ($3.5k).