Negotiate their higher rates down a bit on future deals, you can use repeat work as a perfectly viable reason.

I think it's perfectly reasonable that the money partner absorb the entire loss, if there is one.

There is no perfect answer to this problem.

But hey.. who can be perfect.

Mold can develop extremely quickly given the right elements...moisture and food being the two most important...which an indoor poor is a perfect combination.

Most of my friends are educated and have professional jobs.When I invited my friends over to my first rental property, I don't think they were impressed because they have a image of a model home with a picture perfect yard.

Our concentrate is on Wholesaling, Probate, Mobile Homes, and in the near future...Multi-Family.If you are anywhere between Tampa and Venice, we'd love to set up a meeting to see how we can make bucket loads of money together.While we are new and would love any help you give, we promise you that your kindness will be returned in spades-our background plays perfectly into our new venture as Real Estate Investors!...

This is not only illegal, but as MikeOh points out, it will give the tenant power over you and you have just lost all control; however, you really don't want to loose this person, she is a perfect fit for your house.

I don't mean to be rehash what everyones' points were but only to support my observation in this excellant topic/thread, that there are many factors or variables that play in our selection of that perfect rental property and that using any hard and fast rule in the selection process might be best viewed by the new invetors, with a pound of salt!

Buying new appliances is like putting money in a slot machine, you're going to lose.