But as I'm seeing now even after the most thorough application process it's possible to get a bad apple. 

Short amort on this one still has a debt service coverage ratio of 1.25 at $1100 per month and jumps to 1.82 at $1600 per month. 

Unless shes a home run in every other way, that's a big red flag that may be enough for me to look to another applicant

If you only have one or a couple homes there's no reason you cant fix it .Believe it or not I finally parked my service truck 2yrs ago.

They also have to have an income higher that what would be required for their mortgage application because they also have to be able to cover their monthly option payments.Another value add for the tenant buyers is that some actually can qualify for a mortgage right then and not need the RTO solution. 

Talk to brokers, property managers, contractors, and other service providers.

Lawyers as a profession are conservative by nature in their practice, and it even took me a few years before I spent the time to learn the TX series LLC statutes and offering them as a service. 

Short amort on this one still has a debt service coverage ratio of 1.25 at $1100 per month and jumps to 1.82 at $1600 per month. 

If you are happy with PM service you can keep him. 

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