How does he 86 tax law effect you?

Even saying you have an experienced property manager only adds limited credibility, as PM's have to be effectively managed, and many fail or fall into mismanagement themselves.

We had one in Idaho, widow with four kids, who skipped after causing damage all because she had to pay a $75 late rent fee.

I self manage, and I factor in this cost when I purchase using the 2%/50% rule anyway, so the only effect it would have would be that I would not be paying down RE debt as quickly as I am now.

I have a condo where the next door neighbor's washer is apparently leaking and causing damage to my unit.

But her biggest challenge was severe pet damage and not wanting to show the house.

The net effect is the same.

With this plan, a lot of the brain damage has already been done for you.

I do not take any risky financial decision if it will effect my family's home, but it is an individual preference.

The other way which is the way it is going currently I am going to be out 6 weeks worth of rent, plus pay for whatever damages have incurred and all I will get is a judgment on a piece of paper that isn't worth anything.