This can be very expensive and is usually the worst choice to make because you can't justify the cost.2.

What others accept/need or justify as OK for CF is up to them, and should never be used by you. 

In making a decision about whether to keep looking for a an “acceptable” tenant or sell the property, I researched whether I really made enough money to justify having to deal with liars, cheats, thieves, scumbags, druggies, filth, and squatters, otherwise known as tenants. 

I would like to have some specific requirements for a tenant before they get into the house.Ideally, this house should be for a couple and two kids.HUD has what is commonly referred to as the "Keating Memo" which you can read here: https://www.hud.gov/sites/docu...Essentially, they say it is legal to set occupancy limits, but they should be reasonable and justifiable.

If you are not profiting after having split the proceeds with your partner then it would be hard to justify.

I've been told that damages between $10K and $100K are the hardest because they are too big for small claims and too small to justify the legal fees and risk.  

They didn't get anywhere near max offer, so I saved about $150k there that I can easily justify spending on legal/survey/soil/geo.No formal registered HOA.

What that tells me is everyone thinks its a good idea, then they dont actually use it enough to justify the costs.

You don't have to justify the increase.

So enforcing the lease is quite the process, but still possible if justifiable.