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Updated over 5 years ago on . Most recent reply

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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
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4,236
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inherited Tenants with NO Deposit

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Posted

Seems to be all too common situation with me. Who the hell moves in a tenant with no deposit in a C neighborhood I have no idea. 

When it comes time to renew the lease here are my thoughts.... 

These folks have no money. If I ask for a deposit they'll likely say no. Then I have to turn the unit and spend a bunch of dough and stay vacant for a month.

What would you do? 

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