I have no economic interest ion the property.I had no broker contact for a assisted living facility..

I had no issues with deposits because it looked uniform.I would strongly recommend making your deposits less frequent and make them the same all the time.  

Unless it is obvious that this tenant caused it (eg previous occupant had no kids and this one does and you find a toy caused the blockage), I would pay for the first one.

The guys they brought in had no idea what they were doing  And now the new owner is spending a lot of money fixing it. 

The tenants moved here from out of state so had no point of reference.

I was wondering if anyone has ever done a manual underwriting loan simply because they had no credit?

All the tenants were either month or month or had no lease in place whatsoever so it was easy from a legal perspective to do so.I offered them nothing in return other than superior service compared to the prior owners and a better building due to the new tenants that we would bring in.For both buildings, in less than 10 months, what used to be the largest rent payment is now the smallest rent payment and both buildings are full.It isn't personal, it is only business.

The asset cash flowed $200/mo so our return was infinite since we had no money in the deal.

I felt like I had no choice but to sell to get him out.

I had no problem getting a broker in Pennsylvania who only charged lenders 1 percentage point and passed the saving on to me.