You can either enforce your lease or let the tenant know that you wont enforce your rules and hope for the best when they break other provisions in the lease....your choice.The middle ground is to let the tenant know that she is in violation of the lease and this is grounds for eviction if the issue is not corrected..... you will not enforce that provision if he goes through the standard tenant screen and is placed on the lease.These are small issues and not worth making a huge issue out of, BUT they set the precedent on how tough you run your properties....are you a pushover or are you someone to not try and take advantage of..... how you approach this situation may have future impact on other things that come up.If this is a good tenant, in a nice property and there aren't any issues, I wouldn't make a big deal out of it, but I would not just ignore the fact that she is breaking a provision in the lease...that gives them the impression that they can do whatever they want

@David Light Thanks for your reply.

First its helpful to get the terms correct. 

Hi Nestor:  You have had some great replies to your question, all of whom are seriously looking out for your best interest here. 

Just be very clear on pets you will/will not allow, make sure you understand the support/medical/emotional pets laws in your state as well.Ultimately, if you're screening your tenants correctly, you'll be choosing tenants who are responsible pet owners anyways....Hope this helps!

New York-Newark-Jersey City, New York-New Jersey-Pennsylvania Population decrease due to migration, 2010-2017: -21,503Population change, 2010-2017: +3.9% (19,566,480 to 20,320,876)Natural growth, 2010-2017: 1,811,927 births, 1,035,505 deathsMedian home value: $426,300Yes, the Chicken Littles are correct, there is a NET MIGRATION OUT in the 7 year statistics of around -21,503.

Assuming your calculations and assumptions in your underwriting are correct, that deal won't make you happy. 

I checked out DIG and it looks like you have to have a membership to participate.You are correct regarding DIG. 

Also I noticed you do 1031 exchanges for NC is that correct?

I'd also like to catch the market in the fall/winter as it seems like sometimes the market isn't quite as hot and it might be easier to grab deals then -not sure if this is a correct assumption?