If that's a no go, consider using a mortgage servicer so the seller doesn't have to collect directly from you.

While I have many interests, all varying from music production, video game development, cars, and even real estate, I just don't get excited about getting a degree for any of them and hoping to land a career, working that "9-5".While I will always have much to learn, I feel "ready" to take the leap and start gaining some momentum in regards to starting a business of my own, or at least owning some rental properties.

I connected with the tenant right after closing, to meet so I could get information from her and collect this month's rent.

Let us not assume that Dobb-Frank is within it's pages the entire body of law that deals with real property, real property finance, consumer credit, debt collection and ideas of the same.

I look at the number, type and how recent collections are.

:As Chris said, they will likely want both your names on the lease but she will be sufficient to qualify you both despite your suspect creditWould it be helpful to have a letter from the collection agency handling my student loan rehab that I am in the rehab program and I have made all promised payments?

It does say in my leaseIF TENANT VIOLATES THE LEASE AGREEMENT, THE LANDLORD MAY SUE EACH TENANT IN COURT:1)TO COLLECT OVERDUE RENT, LATE CHARGES AND MONEY DAMAGES CAUSED BY TENANT’S VIOLATION OF THE AGREEMENTS IN THE LEASE.2)TO RECOVER POSSESSION OF THE LEASED PREMISES (EVICTION).3)TO COLLECT FOR UNPAID RENT UNTIL THE END OF THE LEASE OR UNTIL ANOTHER PERSON TAKES POSSESSION OF THE LEASED PREMISES AS A NEW TENANT.

The property has had some work done on the interiors, though strangely, it’s mostly been larger “improvement” jobs while simple maintenance is lacking… So far we have re-roofed the building, gutted the overgrown landscaping and fenced both back yards, put up security lighting, fixed some plumbing and electrical issues and collected rent.

Seems to work for them as they say they collect 1 1/2 mos. security deposit up front and in most cases like this they never give the deposit back.

Work info and SS is most inportant if you need to chase them down and collect.