Kevin: Yes this tenant was actually living in this mess...there was alot of hair caked onto the sink from shaving, a leftover used bar of soap, and was seen moving out person belongings like clothing and a bed.I imagine we wouldn't have a hard time tracking him down as we have employment paperwork, application information, and even a forwarding address he left at key turn-in...although I would be very surprised if this address is legitimate(he must know what kind of evidence he left behind).Also no complaints from neighboring units of strange smells.George P.: I spoke with our maintenance head and found out that this tenant was fired from his maintenance position due to "coming into work sick and tired frequently" and having an alcohol problem.I agree the authorities should be contacted, but as far as I know this has not happened.

Wile digging through the document, I saw that it clearly spells out "If a mortgaged property has been or is about to be conveyed by the mortgagor and the master servicer has knowledge thereof, the master servicer will accelerate the maturity of the mortgage loan, to the extent permitted by the terms of the related mortgage note and applicable law."

The applicant, a single woman, has 4 kids.

Read the fine print of your mortgage, loan application and everything else you intend to sign VERY carefully.

It's all about assessing and determining the risk with each application.

But as you mentioned one time, Cali may be only 10% of business conducted so giving out generalized information based on those limited experiences may not be so applicable to our public.Now, I never said that an abandoned note secured could not proceed with any default provision to secure property in an attempt to cure the obligation.

It is not applicable to the case mentioned by the OP since he has already placed the property into service.Mark Forest You should continue to depreciate the property through the maintenance period.

Get yours priced right at or a little under the competition and you'll have plenty of applicants, assuming there are applicants to be had.

Low-income neighborhood and lower price point has attracted FHA applicants ... and all the FHA hassle that goes with it. 2 buyers fell out due to finances, 1 buyer backed out after the 25 page FHA inspection painted a picture of a house that deserves demolition.

If not, ask both tenants to re-submit an application to rent so you will have a completed application on file.