If that is the case and since interest accrues on the outstanding principal amount each period, interest expense will be significantly higher.

In other words, the outstanding balance is for the current month partial rent due-- not "just" a late fee (or repair bill, or whatever) from two months ago.

Harrison, You're always TOO damn nice.

Suggest they may need more time to clear out the house, so if they catch up on the past due rent, fees, utilities or anything else outstanding they could buy more time.

Anyway I would reach out to them and when you speak to them remind them that as per signed lease the total outstanding balance is XXX(rent) plus a 25.00 late fee.FIrst things first give them a call and speak to them....

Cigarette smoke gets in everything, very difficult to get rid of that stench, its like damn cats. 

A great company, a corporate position I enjoyed, coworkers who were fantastic and an outstanding manager.

That isn't to say that you can't do Brooklyn but it would be damn near impossible from what I know (but hey you may know something or someone I don't so if you're set on Brooklyn don't be discouraged, just always be smart and be diligent with your numbers).

Joel Your seller will have typically signed something saying that they will not transfer title over to someone else unless they concurrently pay the outstanding mortgage balance due in full (how most RE ownership transfers occur).There may be technicalities and loopholes and the like that allow some homeowners & REI to dodge this on technicalities, in some cases.As a viable "I'm just getting started!

No point in investing money to get a 5-8% return when your outstanding debt is costing you 12-20% a year.2.