Note: This was brand new construction, with possession around early next year.

Affordable houses also offer the opportunity for better returns from the minute you take possession of your property.2.

My current tenants were charged with felony drug possession and since they reside in my condo and signed a Crime Free Housing Addendum, I need to finish their tenancy.Up until this recent event, and during the few years they lived at the condo, these tenants have been superb.

I would just let them out of the Agreement, charging for every day of occupancy, and cleaning/damages based on conditions found after they turn over the keys and possession.

Explore smaller multi-family units for robust cash flow or venture into long-term rentals and flipping if you possess construction expertise, though the latter involves higher risk and effort.

When I took possession of the property, I invested $45,000 in a tiny house, septic, electric and city water.

If they request a Payment Plan, we require it to be in writing, with specific dates & amounts, with income documentation to support the payments.If tenant appears to no longer occupy property, we cautiously proceed to secure the property and move their possessions to garage, basement etc.

They handled the paperwork IAW the local and state laws, took the tenant to court, and eventually retook possession of the unit.

However, most do not possess this characteristic, especially if they are inexperienced believing they will be rich soon off cheap property.

I fight everything from minor speeding tickets to marijuana possession to DWI.