I do have some provisions in the lease that would cover me if I was trying to collect the remaining months rent.

I was so eager to pick on the collective mind of this site, I dived headlong and posted this arduously detailed post about my present situation.Anyway, I'm glad I found this community.

The score came back low, and the applicant has 7 collections outstanding dating back several years to current. 

There is a level of sophistication that needs to be understood in dealing with high net worth individuals.

Several years ago, I ran a travelling AAU Girls Basketball team and the only parents I had trouble collecting from was a prominent dentist in town.

I knew about guaranteeing the lease by having a parent sign it, but I didn't really think about the other qualitative factors.Ingenious move by sending your wife to collect rents.

Start collecting your keys and study conventional financing first and then move on to other arrangements, you need to understand conventional first!

I spoke to him and that's when he said he needs more time, because he doesn't have time...I have no problem converting to month to month, and it may work best for me if I can market the place again with a new kitchen some time in May...but a MTM with every month likely to be the last month makes it harder to plan things.I think I need to tear up his rent check this month because it is his last month and it's already paid for, and if I start a MTM next month then collect a new - higher - rent.

Her dad is handy and does a lot of the repair and her mom collects rent for us.

Of course the government will want to collect its money eventually - hence the tax liability.