They loose and I loose!

BiggerPockets was the key for me.With the ability to ask Will, Rich, Jscott, and so many other great memebers how they got started, it's diminished the fear a lot.It helps that i don't have a lot to loose and a spouse that supports me at everything i do, but the knowledge and reassurance from people here on BP convinced me to write offers.

I can't afford to loose 1000 dollars of earnest money and Im scared I will.

Big county and seems very loose tracking.

this prospective tenant most likely caused the landlord to loose rent for one month since it will be very difficult to find a tenant for nov 1 on such a short notice

My big mistake was not having a private lender to lend me the money to buy a house that hardly had any repairs and had 2.5 acres in a very desirable area, and loosing 60k by not having the funding!

If you do rent to them just lay down the rules once they are X days late you automatically start an eviction unless they have let you now and worked something out ahead of time.I have found that getting extra or larger deposits upfront is a pretty powerful motivator for them to do the right thing (when possible) to prevent loosing all that money they paid.Sounds like he pays his rent since he has no evictions, just confirm with most recent landlord of 5 years.I also like to ask why they are moving.

He wanted to do it himself but ended up loosing to procrastination.

Anyone buying property in NYC has to have screw loose. 

People that loose control do stupid things like set fire to a property.