This way, upon move out, if there is a problem you can have them foot the bill as they failed to report the growing problem. 

You will be left with the mice if they fail to take care of it appropriately, and good luck chasing them down in small claims.

They talk about interest deductions, but fail to realize that it does not cover the cost of interest. 

Very few tenants fail to pay the shortfall, especially if it's reasonable and legitimate.

you need to weight loss of value to how much this will cost and you could very easily lose thereby increasing your losses.. take away prelim approval and final approval are completely different.I just built a 27 home subdivision in Grehsam Oregon.. even after approvals and such by the time we got out of engineering it cost me over 300k in different things the city wanted that was not included on our original conditions of approval..

I don't remember specifics but in essence it was a failure of the sec 8 housing program failing to sign the document between land lord and housing program due to a stipulation in that contract.

I had the pleasure of meeting a local banks REO manager and Risk Mitigation manager on a recent flight and I am now helping them take some weight off their books.

This means, that by failing to actually file these actions, which is not limited to the cross-claim it may be necessarily to actually file FC, you can alienate yourself and lose your right of redemption and right to surpluses from sale.  

I failed Spanish without any hope of getting anywhere.    

Almost all rewards have a risk associated with them and being that you're so young you have a lot of time to build yourself back up if you fail initally