[quote=briansd1]My experience it that the most important part of rental is the quality of the tenant.
I’ve gotten good at screening tenants.
You want tenants who will pay on time without being asked. And you want tenants who are well-educated, refined (vs. gross). Those tenants are likely to keep your place clean and tidy. They won’t bang up everything in the house and cause repairs.
Let me give you one simple example: I had one slob of a tenant who did not know how to properly use the front load washer. You have the clean hair and lint off of the glass door so that the rubber seals properly against the glass. Otherwise you have small leaks.
Some people can live 15 years in a house without it ever needing a repaint. Other people are so dirty that the house has to be repainted after 2 years.
I have a zero tolerance policy. No eviction record, no bad-credit, no pets, no smoking, etc…[/quote]
But briansd1, I think a lot of this will then depend on where your property is though, right?
I mean, let’s say we have a property that is in for argument sake “slum area 1” (without using any real world examples, because I don’t want to get into arguments with folks on what a “slum area”) is… Is it possible to find a stellar candidate per what you describe in these areas??
I’m being serious here…It’s a serious question….I don’t have as much experience dealing with different tenants versus probably others on this board… So I’m curious if one has a house in a not-so-professional area, what constitutes your criteria for a “good tenant” without taking your criteria too extreme that it no longer fits the tenant pool in your area?