Of course, if you hire a property management company to take care of this for you they often have tools and processes that are built for these situations.

It ask them the basics like you mentioned and things like salary, people on that would be living there, previous and current landlord, dogs/pet info etc.You don't have to login to get the application and take a look at it.I charge a $40 application fee before paying to run the check.

Hi I currently run a property management company and one of the services we offer is we take care of buying tenants out in Los Angeles we have a few guys that do it for us but they are always really busy with other properties as well and as we grow our portfolio we need more people to do buyouts for us If anyone here can recommend someone that does buyouts in Los Angeles I would greatly appreciate it p.s Sorry if it's not being posted in the right thread I am new to bigger pockets

Second, once you issue 1099 what do you care what he does, you've done your part.

Oh well, it was my dog now.  

This time I would let others take care of both.  

Everyone, their aunt and their dog was getting a "stated income" loan to buy dirt or a house they couldn't afford, silencing the inner voice of reason, letting greed take over and hoping for appreciation to take care of being way too overleveraged.

State Street and Governors Ave (which encompasses the East and West side of campus) aren't too bad, although they are quite busy.Just be very, and I do mean, VERY, careful about Kirkwood, New, and Queen Street as these can tend to be rougher streets.

Michael and Thomas mentioned some of the benefits/ drawbacks of inherited tenants/ some of  the things to be careful when in such a situation.One way to know what your property might rent out for is checking local rental listings on Craigslist, apartment.com and other such websites.Good luck and keep asking your questions on BP!

And actually the attorneys took care of all the closing paperwork last week and they're just waiting for the title company to release the title which will happen as soon as they get the affidavit from the publication company.