Turnkey provider focusing on Omaha as an emerging mkt where they purchased 80+ rehabs SFRS and college towns (James Madison university in Virginia).  

Frequently i get people that had a long history of good credit, then they had a medical emergency that they couldn't pay of some sort that lands them in the 600-650 fico range...I can work with them if they have a stable job and rent history.

In the event of an emergency related to the condition of the Property that materially affects the physical health or safety of an ordinary tenant, Tenant may callNOTICE: If Landlord fails to repair a condition that materially affects the physical health or safety of an ordinary tenant as required by this lease or the Property Code, Tenant may be entitled to exercise remedies under §92.056 and §92.0561 of the Property Code.

That would leave some over for incidentals like closing costs, repairs, and a small emergency fund.

When issues arise, like maintenance or emergency issues that need fixed right away, do you have some kind of fund they pull it from?

This thing is cash flowing, so save up a large cash reserve for emergencies, then replace the worst trailer first and improve it over time.

I'm pretty conservative and want to have plenty of cash for emergencies or for when times go bad / turn tough.Thoughts?

- "What your 24 hour emergency service like?"

There was a fire and all the sewage was released into an emergency reservoir, which is it's sole purpose for being there.

Bad health, reduced hours at work, the loss of job, financial emergency or other circumstances will not excuse any late rent payments.d.EVICTION NOTICE: Should the Tenant fail to pay rent by the due date, Landlord may serve an eviction notice, as required by applicable laws.Tenants agree that they are renting the premises together and yet each will be responsible for the full amount of rent regardless of whether any other Tenant within the household should fail to contribute their fair share.SECURITY DEPOSIT: Contemporaneously with the execution of this Lease, Tenant shall deposit with Landlord a security deposit in the amount of $__          ___ as security for the return of the Premises at the expiration of the term of this Lease in as good condition as when Tenant took possession of the Premises, normal wear and tear excepted, as well as the faithful, timely and complete performance of all other terms, conditions and covenants of the Lease.