Their credit history is excellent, but their cards do have a fair amount of debt held on them.

Hello, I am the Leasholder on a three bedroom house in Hawaii. i have an agreement with my landlord in writing that i am allowed to sublease to two other people in the house. the landlord has to approve each one, but i am ultimately held responsible for condition of the home and rent paid in full each month. i have signed sub-lease agreements with each of the current tenants. the lease is the same as the one i signed with my landlord, stating that if rent is not paid by the 5th of the month, there will be a $100 late fee. it also states that if rent is not paid, the lease can be terminated early. this is a month to month lease agreement. the exact words are: "tenant's rental agreement may be ended earlier if tenant does not pay the rent and/or comply with this rental agreement. if, after this rental agreement is terminated, tenant stays in the unit without Landlord's written consent, tenant may be a holdover tenant, liable for double the rent and other penalties."

Pet urine and feces is not normal wear and tear and the tenant can be held responsible for the correcting any damage regardless of the age of the carpetThe key is to always document the damages by pictures, estimates and in these cases put a piece of the carpet in a ziplock bag in case you have to go to small claims court( The judge will love to get a whiff !)

Should you have held out for more?

I have held an interest in the field of real estate investing longer than any other, and I am genuinely excited about the prospects.Before my questions, let me tell you a little bit about myself to aid with answers!

All the properties are either held in my name or together with my wife.

The companies I've delt with also do charge a late fee for dumpsters held over 2 weeks.I shopped around and found "fast dumpsters" to be the cheapest.

I know I would happily pay $5k finders fee or a larger wholesale fee if there was a decent deal that could be flipped or held as a cashflowing rental.    

Mine is held on the 4th Tuesday of every month and it is focused on education...it's held in Westlake.

You could even sell properties from it, we just require a minimum of 3 properties to be held in at all times.We are an asset based lender and look for decent credit.