Posted by Tim on December 19, 2002 at 10:59:51:
Make sure you prequalify your tenants, I require tenants to have a take home pay each week equal to the rent amount because most don’t have any savings. Of course I mostly have rentals in the 3-450 range, so I am dealing with lower income people. I have also learned not to rely on child support as income, too many dead beat dads.