Is "Cash for Keys" ethical? Thoughts?
I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about the whole thing.
Is there some moral obligation to follow through with an eviction for a tenant who won't pay and won't leave? Isn't using cash for keys just passing the problem on to our fellow real estate investors who may now take on a tenant with no eviction record who otherwise would have a record thus alerting the criminal nature of these tenants to the home owners due to an eviction now being on their record?
Is offering cash for keys just allowing a wolf to continue to roam around amongst the sheep?
Thoughts?