[quote=flu]True, but I guess I’m risk adverse and for me I don’t like dealing with the headache. One time in my life was already enough for me.
But to be clear. To me there is a huge difference between someone that doesn’t make that much money but nevertheless responsible, versus someone who makes decent money but is out of control.
“Salaried Poor” doesn’t equate to irresponsiblity…. A “persistent” shot credit, however, to me does..And for all I care the person could be pulling in high six figures……
Seen plenty of people who make a hell of a lot of money, but have shot credit, because they have a spending problem.[/quote]Agree on all those points. I was just trying to say that just because it’s a low end area doesn’t mean all the tenants are bad. In some way, you might find the best tenants there because they’re you’re typical life long renter. Compare to white colar tenant who are more likely to move w/in a few years. You just have to weed through all the bad tenants that low end area attracts.
