In that case, you just mail them a detailed invoice maybe with pictures containing the damages (take detailed notes and photos) or cleaning costs that were deducted and remaining deposit balance if any.

Park is in southern Illinois.1M - Asking price 10,000/ month income from Tenant owned homes8500/month income from Park owned homescity sewer, city water, all lots are individual meteredLOTS of dd to remain, but at surface level, its seems pretty good so far.What do you guys think?

In finance and accounting we look at a "Quick Ratio" (also known as the Acid Test) this shows the ability of a company to meet obligations, but this only looks at current assets or liquid assets and current liabilities, real estate is not a liquid asset.So we move to other ratios like "Current Ratio" and "Cash Ratio" these to help to illustrate the ability of a company to cover current debts.As to mortgages or long term debt, coverage is difficult to predict due to uncertainty over longer periods, but by looking at the current coverage and cash available we can see what funds remain for these other obligations.Most everyone is familiar with the debt to income ratio we suffer through at a loan application, say 24/36, meaning that you should not pay more than 24% of your income to current liabilities, revolving accounts and car loans, the 36% includes the 24% to establish your ability to cover the mortgage, total debts should not exceed 36% in this instance.

A defaulting bidder at any sale or resale or any defaulting upset bidder is liable on his bid, and in case a resale is had because of such default, he shall remain liable to the extent that the final sale price is less than his bid plus all the costs of the resale.

Do exactly what the lawyer tells you to do as far as the notice and procedures.Interest rates remain low.

If they want to remain tenants there then they should be required to pay a normal rent.

If not, move on to something that fits your personality and beliefs.Whether you remain one of the 90% that just talk about real estate or the 10% that get off their asses and do something, the only difference is taking action.

My leases follow the Colorado Residential Lease Agreement template on the State website which doesn't list a fee, it simply states, In the event that any payment required to be paid by Tenant hereunder is not made within three (3) days of when due, Tenant shall pay to Landlord, in addition to such payment or other charges due hereunder, a "late fee" in the amount of ____ dollars ($__) In my leases, I charge "10% of the regular monthly rent, with an additional late fee of $3.00 per day being imposed for each additional day that the full amount of the monthly rent remains unpaid."

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At this point there is nothing else I can do personally while remaining a "good neighbor".