[quote=zzz]thanks sdr and SD R, yep i think its a small price to pay as well . bg, thanks for chiming in, but lets not get melodramatic here, i get it.[/quote]
zzz, you might be shocked to learn that I know of two families who have been “renting” ONLY distressed houses in default (some listed as SS’s) for a reduced rate and low/no deposits. The one family headed by a RE agent (lol) has successfully “rented” five homes since 2010 and the other family has “rented” 15 homes since 2006. The “RE agent family” only “rents” luxury homes in excess of 3500 sf. Both families have managed to stay in the same school attendance areas all during their rental occupancies and their kids have never left their schools of attendance except to advance to the next school (ie MS, HS).
Professional “tenants” know the game, play it until the end and leave just after a 3-day notice to pay or quit is taped to their door (to preserve their credit to successfully “rent” again). The “RE-agent family” has a flatbed truck at their disposal whenever they need it and the other family owns two open trailers.
There’s nothing “melodramatic” about my posts. I’ve seen all of this and then some. You, as a potential offeror, “adopt” holdover tenants at your own peril.
