@DylanThe cons are just what some people already explain.

Called NGRID and explained the situation, after which they sent out a service team to resolve the situation.

Experienced investors, please explain if I'm being unrealistic.I'm middle aged, and my home is mortgage free.

Explain to them how much work you put into the deal.

You can then explain this to them.

HI Troy,Regarding lending based on DCR and cash based debt coverage, DCR is mainly used by commercial, local, and business oriented bank loans, while conventional financing and residential 1-4 lending generally focuses on debt to income.45% Debt to Income (DTI) = $2.22 dollars of cash flow or gross income needed to be shown for each dollar of monthly obligation you're looking to qualify for50% Debt to Income (DTI - $2.00 dollars of cash flow or gross income needed to be shown for each dollar of monthly obligation you're looking to qualify forThe above are some examples as each bank has different ranges of requirements.If the max is 45% DTI and the borrower is seeking a mortgage of 1500 but net rents are 750 then they are seeking to qualify for a net -750 which requires 2.22 times the income to receive an approval which means they need 1665 gross monthly income.Hope that example helps conceptually explain the residential vs commercial lending aspect.

I do explain to them their rights as current owners.

Long story short, in this town the landlord is responsible for the trash bill unless the tenant signs up for autopay; the only way a tenant can pay is via autopay, they can’t just receive paper bills and then send in checks.July 23rd I explained that via email to the tenant, asked the tenant to pay me the $50 for the incurred charges so far that the LLC just paid, and instructed her to sign up for autopay.

I have a very detailed video explaining why it's usually a better deal to rent.

He came out after about 7 minutes and I explained I'm a real estate investor.