When you buy a piece of rental property, whether you live in it or not, it is a huge financial investment. Why then, do owners end up with tenants who do not pay their rent, destroy the apartment, and cause owners to pay massive legal fees, loss of rent money, inflict extreme stress, then leave your building to move into another newly prepared unit? What can a homeowner do to prevent renting to an irresponsible or high-risk tenant?
One of the most important decisions a homeowner with vacant apartments will make is to choose a tenant who will pay the rent, respect the property and the other tenants, and obey the laws of the land and the rules of their lease. However, around the country, there are countless numbers of homeowners who are keeping their vacant apartments empty. The primary reason is fear, or past negative experience of renting to the