Jack MillerProbably but there is also a significant risk because these borrowers typically do not qualify for conventional financing so the default rate jumps from what is on average 3-5 % to well over 10%.Let’s say you get an extra $10 or $20k, I have seen borrowers do a lot more damage than that to a property as well.

I’ve dealt with water issues before including using water damage and remediation companies.

After 13 great experiences in 3 units, I had 2 CNA tenants trash a unit in 3 months, left evidence of drug use, smoked in the unit, had an unapproved pet poop and pee on carpets and in the bed, damaged or stole several items and shorted me on the last month's rent. 

Whereas the neighbor's insurance company or the neighbor may be found responsible for paying future damages caused by their trees.I have a rental house with two neighbors large trees overhanging on both the side fence and also the rear fence encroaching toward my newly re-screened pool cage.

I'm getting calls and responses but I need help in estimating repairs and what damages to look for when doing a walk-through.

He was in a different unit where damage was done.

We bought deck wash at Lowe's which washed off with a garden hose and a spray nozzle so no possible damage using a pressure washer.

Examples would be going after deals in higher priced neighborhoods that are in loan default, that are on the MLS for over 180 days that are NOT short sales, deals with code violations, homes with fire damage (most fire departments have records of these), homes that have an unusually lower amount of beds/baths/sq footage for the area leaving room to add on, and the list goes on.

I had problems with kid's damaging a building and throwing eggs and smashing pumpkins and a couple dummy cameras and a couple signs "smile you're on camera" has stopped all the problems for about a year now.

All payments made by Tenant to Landlordafter the tenancy commences, no matter how designated by Tenant, will beapplied as follows: first, to any outstanding amounts due for damages/repairs,utilities etc.; second, to any outstanding service charges and fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent."