Hello, I know this can be a very touchy subject due to fair housing laws but I just bought a property and one of the tenants wants to move to another floor and use RAFT, now I know I cannot deny them housing due to RAFT alone but they are applying because they told me they cannot come up with first last and security, I know RAFT will cover that but I am wondering what downsides are there for instance can RAFT enforce rent control or is it even more difficult to evict people who have applied.

@Yusuke Koike if damage was that extensive where the unit is not habitable, check your state/local landlord tenant laws as some just require you let them out of lease, return deposit and refund rent for any time they’ve paid that they can’t live there.

They did give you info that they love your place, plan to stay forever, and accordingly you should increase the rent $250 per month if allowed by your local laws for the aggravation of dealing with them. 

All joking aside I spent two years on our local city's sign committee. 

Have you considered a personal loan from a local credit union or from SOFI?

Murphy's law is the real deal so build your business like it.

To do well, learn about real estate, make a strong plan, meet local investors, check the market, look into loan choices, start small then grow, stay ready for changes, and get advice from pros.Learn about market trends, loan options, and ways like renting out for long or short terms.

I'm local in Grand Rapids as well so feel free to shoot me any questions you might have and I'll help you any way I can.

If no response from the tenant within their legally allowed time, file in your local l/t court. 

I’ve been investing locally in residential properties over the last 25 yrs and I have 100 doors .