As far as the numbers go, this is a pretty sloppy and sort of high fee arrangement.

@Chris Adams Do you have some sort of portfolio loan with your lender that allows you to cash out refi @80%LTV shortly after getting a lease ?

Almost every site has some sort of ad server.

I forgot.I am going fishing in Belize, be back in a week, you gents have this sorted out and settled so we all know which way to go by then would ya...

I have a HAMP mortgage and it seemed like a great solution, but now I am wondering if it will hinder me more than having dealt with a financial blow then and having it sorted out by now. 

#3 Send your direct mail via STANDARD BULK RATE (pre-sort) which requires the addresses to read: <name of recipient> OR CURRENT RESIDENT <address of recipient> With this process, you get ZERO returned mail & ZERO marketing dollars wasted!

Surely you're kidding, Account Closed That sort of "self help eviction" will cause you far more trouble and money than buying one of the tenants out.Joseph, are you trying to use an OO loan?

But there will be no guarantee one way or the other.I expect that somebody described as "the tenant from hell" will always be a bad tenant, and I expect that somebody who is a model tenant (especially through adversity of some sort) will behave well as a tenant.

You want to go through the address history and contact the landlords that are in that history, to see whether this applicant was somebody's former problem tenant. so you will definitely need an authorization or release of some sort that permits you to talk to any former landlord (and not just ones that the applicant lists for you).

There are also forums of unbiased residents who can help you sort thru all the neighborhoods.