I don't give any tenants leeway unless they 1) Have a well established payment record with ME, at least a year) and 2) Their reason being late can be documented and is beyond their personal control (payroll change over of companies, personal robbery, medical emergency of the tenant not a family member that leaves them incapacitated).

The oil businesses have moved up here (exxon) and with the expansion of a new medical center (MD Andersen, TCH) so i would believe the housing market would be up for a small boom to my outlookShital ThakkarShital Thakkar

I have had to develop payment plans with a tenant with unexpected medical expenses that came before rent.

The story is the owner passed away 2 years ago and has medical bill that he could not pay for in which he signed his house over to the hospital or the creditor.

It was a medical bill that was sent to my old address after a hospital stay.

If you want to capture students as tenants, I'd suggest looking around the medical center:  older students, more career-minded and graduate focused.  

I have a wife, three kids, work 4 days a month as a medic per-diem, little money, no credentials and four properties... working on more.  

On the other hand, areas like Sugar Land and Pearland have been less affected due to their accessibility to the medical center.  

We have had great success with grad students, UGA employees and other young professionals around the new Medical school and Athens Regional Medical Center (ARMC/ Cobb/Hamm/Hill Historic, Normaltown) and also the Prince/Boulevard Downtown corridors.

The note guy I'd chosen has had to deal with some very seriously medical issues recently.