Sorry about your negative experience.  

If you are purchasing at $250K and renting at $1500 be aware this is a negative cash flow property.

You can change your credit score within a few months by evaluating it and taking steps to have negative reporting deleted/adjusted. 

I hope to some of you guys would be willing to share your (more negative) experiences and maybe even brag about how you bounced back and continued in REI.  

Negative cashflow is one of those things that you notice quickly when costs don't cover expenses. 

I had negative cashflow for the first year until I refinanced at a lower rate.

The reality is this is, to a investor, a negative cash flow property.

During peak holidays, all hotels/motels are sold out (even with airbnb exploding here). there are jobs and more jobs coming back.I understand all the negativity but I'm an optimist and it has worked out here for me

Renter Inc, donotrentto, tenancy bureau, ratetenants, tenantdata, theRRD and etc.Check prior rental payment history, positive or negative, if they have been reporting it through a payment companies like PayLease, PayYourRent, RentTrack, ClearNow and eRentPayment.Compile all the finding into a single report and provide it to the landlord including a list of sources where the information was archived from so it could be provided on a "adverse action" notice to applicants as per FCRA requirement. 

They've owned it since 2001 and don't seem to have kept up with market rental rates.My current rent is 1100, so moving into one of the 1000 dollar units would only increase my monthly expenses by $30 because of the negative cashflow.