Nothing personal but if you do let him stay, increase the rent and add the difference on the security deposit.

I have security monitoring through a company  that uses the Qolsys IQ Panel in conjunction with Alarm.com, and this works as a Z-wave hub for multiple products including security, wifi thermostats, electronic locks, lights, smoke detectors, carbon monoxide, freeze detectors, and more in the future I'm sure.

Explain to the tenant that once a buyer is secured you will be issueing a 30 day notice.

Last advice: make sure to have good records an accurate / current data tape - not every loan is based on lender qualifications and LTV/LTC  - normally, the DSCR (debt service coverage ratio) carries a large weight in the overall risk profile.Much Luck!

Hi Trevor, my suggestion is to use that liquid cash you have available as leverage towards securing private money loan to purchase your first buy and hold in preferred area.

You may be just fine, but for me, the additional costs are worth the security and peace of mind.

I'm selling a property on which I have a private second position note securing a loan from a relative.  

Plus everyone puts too much weight on the $/sf cost... because that doesn't include land development, paved parking lots, curbing, stormwater sewers, possible retention pond, civil engineer, architect, etc.  

This afternoon I had a meeting with the owner of the outsourced security firm for our neighborhood (looking to upgrade some surveillance equipment).

Still have their security to disburse.Thoughts?