That alone scares off 99% of the worst applicants, so they never even apply.

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

Grey area, worst case can use a property manager.If a lender is saying no, it's their own rule.

I already ran my current rentals through the calculators and I think mistakes were made but I wanna know what to do from this point.

You could say, "my mistake" and probably not get in any sort of trouble.

I will surely learn from this mistake.

I made some mistakes with my first deal but I’m still glad I did it because it got me started in the right direction and learned a lot along the way :) 

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

The perfect combination is a section 8 tenant with SSI/SSDI and unemployed...we trade safe, clean, and appropriately priced units, for a long term tenant that pays rent on time, every time.In reality, none of us are real estate investors, or landlords, we're housing providers...and as a society, the progress of the most vulnerable is a direct reflection on all of us...and in the US, we're close to the worst in the civilized world at housing people.