I think you were correct in your statements, about ability to collect on a judgement, but the mere threat of a judgement is often enough to get a GOOD tenant to live up to their responsibility OR at least discuss and negotiate a fair settlement.

Hey everyone,My parents have recently told me that their house is too big for them (4 bedrooms) and they would like to downsize to a condo/townhome.  They don't want to sell their home, however, but would rather keep ...

And members crashed them occasionally a couple went into the ponds and some broken feet ( dragging their feet) but to me if you have guest and they let a teen on them with little to no experience if they hit something or someone they could really do some damage so based on my experince with them I would never do this personally.

Investing for cash flow in my mind is fantastic, I just want that perspective from a more seasoned person than myself as it pertains to the long term. 

I have a few partners, but went over budget and personally funded the remaining construction costs.  

I understand if this person is renting the whole apartment unit, but how does the ESA works out in shared housing?

Hi Jared,For my furnished properties, I personally use Airbnb (and set to 30+ days for minimum rental period) and Zillow.

Once I got beyond 5 properties I personally stopped budgeting for capex.

If the rent of that 2 bedroom was $1600, that person would expect to pay $800 rent and maybe another $250 for electric, water, heat, internet for a total of $1050 all included.

So, I would find a handyman or something who could do that or maybe first just have the cleaning person try a product by hand meant to remove scratches which I think does the same thing but with manual scrubbing.