We could take action if needed to if they failed to make their payments.

So in my mind if you have people get pumped up reading BP or going to the numerous coaching companies that propel people to take action.. if they succeed they like to talk about it.. if they fail they just kind of sail off into the sunset never to be heard from again.

Typically 50-60 questions per course and the exams can be repeated if you fail.

If not, let them know forcefully that you will initiate the eviction process if they fail to pay.

Because pros buy quantity and can afford the occasional major fail.

(Both units I would get comps for) if all fails ask a local realtor on their thoughts on the poor flow rent.

It IS a business and if you fail to run it as such it will cost you.

But if consumers strapped during a recession caused by dollar devaluation have less free cash flow overall to spend, I see that affecting buy and hold investors (flat or lower rents, higher costs) and consumers (lower offering prices on purchases, or failed loan qualifications) alike.Given the government debt to GDP ratios, which are far higher now than they were in 2008, I see this kind of recession as inevitable; it is just a matter of when.

And for every one that fails there is marketing companies in AU or NZ or GB or CA that will sell these homes as cash flow gold.. and there are people who just don't get it that price points in these larger cities . 

The rental, in my opinion, would be considered low maintenance since it recently had a new roof installed, electric baseboard heating (no furnace to fail), and a new water heater installed 4 years ago.So here's the questions:Is renting it out with the current financing worth considering?