Minimize your lost rent by following suggestions in that other thread and find their replacement ASAP.You will get your satisfaction down the road when you get inquiries from future landlords where they seek to rent: you just have to be honest and report that they failed to fulfill the entire lease term, and that there were threatening remarks made to a property manager.Lastly, be more thorough in screening future tenant applicants; there usually is some previous behavior that you can discover when you have applicants such as this tenant.

why not continue to do cash flow for the long-term?

We will keep this all in mind and continue learning as we go.

The important thing is to discover the possibilities prior to inking the contract.

I am still new at it so hope to continue to learn from those on the site!

I created a team of knowledgable professionals whom we all continually build our dream lives together.

Of course, continue to do your due diligence, but as another company operating in Memphis, I have not seen any red flags on them or their company nor have I had any other investors come ask us for help after doing business with them.

Continue reading the forum and gaining knowledge :)

They're certainly there, as that market continues to lag, it could make it tough to move those contracts.

Cloud, MN.5 months on the market with the top rated realty company in the area.Struggling to sell at $124,900 after starting at $129,900. 10 showings, no offers.I was looking at renting this place out (since I already have 1 rental property) & waiting for the market to continue it's rebound.But the 50% rule is scaring me off now, as the house barely cash-flows when only considering PITI and PropMgt. $1100/mth income vs. $940/mth outgo.Am I overlooking viable options for moving this property?