My current situation is, my wife and I gross $9,400 a month combined.

Also, find out if that gross amount includes cleaning fees or not, and adjust your calculations if necessary.

After purchasing the property I invested in repairs some $8,000 and rent it short term a couple of times grossing some $2,500.00.

It sold for $415,000 and grossed around $5400 per month with room to grow rents.

To simply tell a landlord they must accept theft is a crime and a gross abuse of public power.

To answer your question, according to the contract they would be entitled to 10% of the gross monthly rent for the remainder of the time the contract was supposed to cover on top of the $100 fee.

For you to clear $1100, your gross income is $5000 per month, is that correct?

Getting over $3,000 in gross rents each month Lessons learned?

(The way you should do a LO Sandwich$100K house retail, free and clear,  FMV $800 rentBuy from Seller $95K net at closingSell Gross $105K less 3% ($3150 your option fee)  = 101,850 is TBers amont to pay YOU, and TBer gets mortgage for that amount. 

Jason, to your specific question regarding additional screening.I'm continuing with the same screening as before which is: 650 credit score. 3x gross income, 1-year lease minimum with spring lease starting dates, previous landlord background checks, and criminal history only with the view as it contributes to the overall assessment and is not an automatic disqualified on its own.