You also need to read through every line of your lease agreement with applicants before signing a lease with them.

Select Tertiary markets look better .If your location agnostic I agree with the poster who recommended the Southeast but dont get into a market that has already popped like charlotte, Nashville , or Charleston .

Your lender knows his loan is getting "moved" or "walked", because they have to sign satisfaction(document that's recorded to release lein) for closing agent without receiving money.

I am a broker, and as far as I know the lease agreement and the disclosures signed are all that is required if audited by the DRE.

So I signed a purchase agreeement for 189k.

Like Kyle said.....if he is assigning the contract you will see it eventually anyway when you sign the assignmentnote: I would disclose.

We signed the agreement and I figured my mistake a few days later.

I let her go after she signed off on her deposit.

Rent Roll, Tenant Ledger, Even Bank Statement) it would show that there is a growing balance (the late fees) or the deposit being made after the due date which should have raised a flag.Unless no reports were sent (unacceptable) or there were not reviewed (also unacceptable), warning signs were visable after 2 or 3 months.Oren

As they were month to month we were not concerned with their discounted rate and we moved forward to sign the purchase and sales agreement.