I’ve been working with a bank’s agent over the past three months on a single-family home listing in my area.

although the occupants renting in the one unit from me have been great tenants for the last three years have been great.

so James, this wolf-eating-wold cycle, in the last 30 years of data happened three times :1.

Three out of four problems can be solved by screening the right tenants in the first place.

An investment of just $450,000 for the land and the 1200 square-foot house now has the possibility of creating two or three more units of housing cash flow as a rental and force equity of two or three times the initial value.

They show up and ask three questions and then get one negative response, go crazy, and tomorrow they are in a day trader forum.

And congrats on owning three paid off rentals!

These three reasons are a lot to digest at first because this loan is a paradigm shift for most Americans. 

If the lot was split into three parcels, 2 units + 1 unit + 1 unit, they would be correct.

Many applicants just want to tell us their excuses over the phone, but if they won’t take the time to put it in writing, we find they rarely end up being good tenants.UnderwritingTraditionally, landlords have only looked at the income of applicants and approved those having income equal to three times the property rent.