The $1395 moved out when offered a renewal at $1550, the new tenants moved in 2 weeks later at $1850.The other 2 tenants renewed the same day they received a renewal letter indicating a $150 increase.

I also learned about how to account for carrying costs better…I did not originally have utilities accounted for and they added up over 6 months…also mortgage payments while your buyers offer is processing.

I also learned about how to account for carrying costs better…I did not originally have utilities accounted for and they added up over 6 months…also mortgage payments while your buyers offer is processing.

Investment loans also carry higher interest rates and sometimes upfront points. 

I recall one podcast about the “drunk” letter the one guest used to get better responses.

Would I be able to write off a loss of $2,400 and carry that over to my personal taxes?

Should I write him a letter or should I first check to see if I can afford the home?

Offer letter (employment agreement and paystubs in hand (assuming the paystubs support the 200K) you should be fine.

The letter can outline that rent will be increased to X.

You could be in for a bit of a fight if she doesn't leave on her own but that's just how it always is.Not knowing the additional names could be an issue down the road but what can you do.When you purchased the place did you have the seller/landlord give you letters of indemnification signed by landlord and tenant?