It's not easy, but it's a difference maker and takes some effort and thought to look in the right area.One of my favorite videos that highlights this difference in people (i.e., the difference between those who are 'interested' in changing their outcomes in life vs. those who are 'committed') is from Angela Duckworth who has done a lot of study on what makes people tick.

It's not easy, but it's a difference maker and takes some effort and thought to look in the right area.One of my favorite videos that highlights this difference in people (i.e., the difference between those who are 'interested' in changing their outcomes in life vs. those who are 'committed') is from Angela Duckworth who has done a lot of study on what makes people tick.

My humble recommendation is learn as much as you can from this site. look at every free seminar and video out there.

They will stay longer, which reduces your costs and hassles.I might suggest having a video chat with the applicants. 

On further looking into the details, I found out that he has also not paid any association fees since last few months and now this months water bill is due as well.What should I do at this time to take control this situation to get worse and reduce my loss ?

Will give you any more details you need/ask for.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchange "doc" with "pdf" for more options.Here is an example and explanation: https://eforms.com/rental/estoppel-certificate/Some have a lot of legal jargon but this document does not need to be so detailed.

Make sure they take good photos and videos.

A couple of before and after pics, but I would love to see more as well as a more detailed rundown of the numbers. http://money.cnn.com/2018/06/05/real_estate/house-...It's also surprising that a "run down" house in Malibu costs almost a million dollars. 

Details of that lease can be found at tomveatch.com/re and you might also be interested in the Substitution Addendum which is similar but allows groups of tenants to replace themselves gradually, so that no new lease agreement (other than a one-page Substitution Addendum) needs to be worked out if someone wants to move out and the group has a good replacement person ready to go and the switchover can be done in good order.