If they stole $5,000 in rent, it wouldn't even be worth the Landlord's time to go after them, which is an absolute travesty.If I were king for a day, they'd get a severe lashing in the public square and sent to bust rocks for $0.10 an hour until they paid back every dime.

Bay Area rents are dropping like a rock.

Have them quote shingles, tarpaper, vapor barrier, flashing and any valley, material,  etc.  

The only drawback is, like you mentioned, you may be required to put down 30% (not 20-25 that you might get from a portfolio lender) because it's a quad and non-owner occupied.On the plus side, you get a 30-year fully amortized, fixed-rate loan at rock-bottom rates, as opposed to a 10 year term with a 25 year amortization.

What if he is making drugs in the house...i.e Crystal Meth...I agree that if he is paying on time then don't rock the boat...but if his drug activity could potentially cause a fire...or cause long term damage that you will have to hire a special clean up crew for...then take action now.

These are the threads that help make this site rock.

I do own two SFH in Round Rock, TX where Dell and Samsung have plants but I know it is risky.

:rock: I was thinking Honduras too until the military Coup d'état this morning...

These rock bottom low prices are starting to inch back up because the fad has caught on.

As always J Man, YOU ROCK!