If you choose to allow pets, switch companies to assure your covered for liability.

Ramsey is talking about, however, as a former commercial real estate banker, I can assure you that I have financed 100's of deals by very successful real estate investors, most of which started with nothing, purchased a single building using debt, and have been doing so ever since.C.

I say do nothing, let the lease automatically convert to a month-to-month, wish her well on her house hunt, and assure her that she is welcome to rent your property for as long as she needs to and remains a good tenant.

@Corine Haener, there are several options you can exercise when structuring the entity that will provide some assurance to the other partners. 

Easier said than done, I know, but I've been there and I can assure you it gets easier as you do it more often.

I can assure you this is not the case, although sometimes it appears that way.

So what do they do - they offer a nice incentives of first month rent at 50% to attract more potential tenants and fill in the empty rentals just to realize that they are loosing money even faster than before.This scenario may seem a bit far fetched to you but I assure you it is real.

John assures me there was nothing more than normal wear and tear in the apt and I believe him.Finally, John also forgot he paid rent for the first and last month of lease and mistakenly paid (again) for his last month (so another $1300).

By adding the words ALL OCCUPANTS to all my legal papers, it assures me that I am evicting everyone who is in possession of my home, including the dog!

How does one assure that the co-signer is responsible for everything?