[quote=cv2][quote=CA renter]I checked those out over a decade ago, IIRC. Though it might be Carlsbad SD, the area is pretty shady. You will not likely get good-quality tenants in there.
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What are the criterion that you define as good-quality tenants?
In my rental in CV, I define them as FICO score of over 700 and combined income over $80K/year. I have no trouble finding those renters because I offer below market rent and really good service to them. But for the Oceanside, I would define it as FICO score over 600 and combined income over $40K. Is this realistic?[/quote]
Yes, that sounds pretty realistic, but you could still have problems.
IMHO, a good-quality tenant is a long-term tenant who is clean, well-behaved (no drugs, alcohol issues, or other illegal activities), and who consistently pays the rent on time. It’s a big bonus if they are willing/able to do light maintenance, and if they inform the LL if something is about to give out instead of waiting for it to break altogether. For instance, if the water heater isn’t warming up the water anymore, or if there is a small leak, they tell the LL so he/she can replace it before it leaks all over and floods the entire unit/garage (depending on where it’s located).
Basically, a good tenant is someone you’d like to have living next-door to you and your family.
BTW, a good landlord is one who maintains the property nicely, and who charges just below market rents in order to get the best tenant. In today’s world, a good LL is a long-term owner who isn’t going to sell or be foreclosed on.
