Things can fall apart for a variety of reasons and you don't want to confuse the tenants if that were to happen.I like the idea of giving the tenants a month or two to digest the bad news of a rent increase, however this often gives the M2M tenants a reason to go find a new place.

. $900 doesnt fix all that much if you have a bad apple.

I loved his method of using "cash for keys" to get rid of bad tenants. 

I figured it was a good time to post here, since I had a conversation last week with yet another new investor client who got bad advice from their previous insurance agent.

But I don’t see how this doesn’t cause displacement (not necessarily a bad thing).

She also said there were a few times the people gave off really bad vibes and she wouldn't be able to sleep at night because she was so nervous and the flimsy little lock on her door wouldn't stop anyone who was truly motivated.

As for mine, I would say it was selling a great asset to make up for a huge loss on a bad flip/partnership (both in our personal portfolio). 

Clearing out a little bad debt with my OT right now and then it’s on to property number 1.

Clearing out a little bad debt with my OT right now and then it’s on to property number 1.

So 2-3 times as much as a long term tenant (I have to pay utilities and cleaning and such), and it's a lot more work to self-manage, but with a good property manager, you should see at least a 50% increase over Long Term Rental, and you've got someone inside the house at least weekly to make sure it's in good shape, catch little things before they get bad, etc.