@Christie GahanI think that is a very extreme example and probably could occur but we have over 5M mf buildings in this country and it is not going to be a widespread issue of default / rent control battles.

(This all occured, up to today, over about a week's time)I found some good advice on here about giving 24 hours to get the security deposit to you which I will be utilizing going forward.The bottom line for this post is I need advice on what to do because I do not want to keep having issues with this woman if she does follow through and get all the requirements done in order to move in.

Bad communication is the downfall of many (otherwise good) property managers. 

The issues you're talking about are HIGHLY technical where very small details can make a large difference.

I feel it might be something I will need to tape into due to a recent issue with terminating a tenant. 

82%There're two funds, one is core/fixed debt ; another one is value-add/floating.The last one issue capital call for 70% of portfolio on the run.

I've never had an issue working with him.

If you have a clean, well maintained unit, you communicate well with guests, stay competitive with your pricing ( on a very consistent basis) and theme your home, you can do well.

It's 7k/month rent and the renters are both 1. totally incapable of living a life with typical home issues (occasional bug in the house, weird smell here or there) and 2.

Do your due diligence, make sure the numbers work in the worst case, and make sure you have cash to pay for issues when they come up.Good Luck!