At this point we have a chosen applicant. 

If you’re rents dropped 20% you should still be in the positive long term or you’re gambling.

If you were single, no kids, I would still say not enough, but the gamble might be a little easier to swing. 

That's why I'd just take the $34 gamble. 

I think I could pony up and tough it out in a less desirable area if I had a feeling the neighborhood was “coming up”, but I’m not sure South Dallas is or how long of a game it is, so I think that’s why it feels like gambling.

It’s a gamble.  

And since she has chosen to not take advantage of my generous offers at settlement, I sent her to collections yesterday (after attempting to get garnishments and bank garnishments).

Simple stuff.The other option is Johnny maintains his own dwelling and stays no more than 7 days as outlined in clause 123.4 of the lease agreement we each signed.If I haven’t heard back by ____(2 days from now I will assume you’ve chosen option 2 and that Johnny will be gone by ____ (3 days from now) and will confirm this with an inspection at that time.Be well,Your name”

I finally went ahead and picked up the phone and just told them he didn't meet my criteria and I'd chosen a different applicant.She went ballistic. 

We have a pretty good amount of equity in our primary right now and I always said that I don’t wanna mess up like my dad and take money from under the house but I wanted to so we can purchase a second rental property but my wife was against it and I think what you said is strong security does give you peace of mind and I rather not gamble my home.