Occasionally a good tenant will ask to renew a lease for some specific reason - we had one that had to have signed proof of fixed residency for a certain period of time for their medical profession - but virtually everyone stays on M2M.

Hi All,  I recently gave a lease renewal to sign for my tenant and she claims that her husband and her are separated and he just comes to check up on his kids from time to time.

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This way if there is a liability claim against them you can file it and the check goes straight to you.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

They do not have ownership, loan obligations, or day to day responsibilities and I am currently in the process to refinance each property.Is there any benefit to completing a quit claim deed now or during the refinance process?

For this thread, please do NOT discuss who you think will win, why, or claim to have a crystal ball telling you what impact the election will have on rates, the day after the presidential victor is announced.

Otherwise, I don't want them to come back on claiming a default as was mentioned above by Shannon. 

One of my best tenants, but I didn't know he was running drugs, as he claimed he was self employed and that checked out fine.

As in why cant i just claim 70k in depreciation in the first year since that is exactly what it has depreciated by rather than the 3.1% that we normally assume things will deteriorate at?