For instance, what is your drop-dead number for monthly net?

@Rema W.Have an open and honest dialogue about how this is going to play outMake sure your tenant understands what the rules say and how they workDescribe in detail what happens when the requirements of the law are not metDo not let the tenant control any aspect of this scenario- especially if they have a record of late paymentsBe fair but firm

My wife is dead set on the idea that we should sell this house when we are complete and move into a bigger home, however I think it makes more sense to rent this house out once complete to start our rental property portfolio.

Plus the burn out of not having success buying for first timers I'm sure plays a role as well.

Just the title of this thread is going to have the Vice reporters on us again: "Inside the Wildly-Popular Forum Where Landlords Plot to Screw You Over: Part II -- Dead Reckoning"

If you have owned this property for 6 months already then no 6 month waiting period will come into play.  

Our building had dropped about 4" on the east side so our contractor had to raise the floor (like raising the dead) to make it level for the Luxury Vinyl Tile.The final deal was over double our original budget. 

Let me start with this: I fully agree in skipping the coffee, as I prefer to connect with others during commutes or between meetings as, in my opinion, it's just a better use of my time to fill dead areas such as those.

Not a lot of BPers play in that market segment.Regarding where do the denied tenants go?

I guess it’s just the rules of the game we play…Thanks!