I gotta say though, there are worse ways to spend one's time than being a young man and pizzing away a few thousand dollars.I would hate to see my children waste whatever small inheritance I leave them, but I wouldn't be too upset to see them spend some of it foolishly if it puts even a temporary Cheshire Cat smile on their faces.

There are multiple factors that all play a role and there will never be a quick and easy solution.....Rising cost of housing and overall cost of livingStagnant wages...... lag FAR behind increase in cost of livingPoor education systemPoor family system..... if you get raised by a deadbeat loser, you will probably be one too...Poor healthcare system...... cost and availability of careMental illnessDrug and alcohol addictionLoss of lower level blue collar jobs..... those jobs are disappearingGeneral loss of a hard work ethic in our societyALL of these play a role....Attributing it to just being" lazy" is absurd....... just like when morons tell people with clinical depression to just "shake it off and put on a smile"...... might as well tell the guy with cancer to "rub some dirt on it" and get back out there.So personal citizens and LL should be held responsible to fix it....... and the government should fix it..... but we don't want big government....we don't want higher taxes.....we don't want the government telling us what to do.....we want our freedom....... so make up your mind

So unless it was a very unsavory tenant, I would wish them well, thank them for renting with you, give them a warm smile, the full deposit, invite them back, and ask for referrals!!   

Go enjoy and smile!

Keep smiling, Mike

Now that's some Aussie vernacular I had forgotten, much like "man that cars in good nick".On a visit in 2012 we had some USA friends in Adelaide out for dinner & when the waiter asked how her meal was she simply said "I'm stuffed", he smiled & walked away.

Your last comment put a smile on my faces James, I'm happy I made this thread!

I love when I keep hearing “this market stinks, there’s no inventory out there” I just smile and nod and say “yea you’re right”. 😂🤦🏻‍♂️🙄 Meanwhile the investing game is through the roof.

This is so awesome, and if you could see the smile on my face right now, it will not go away. lol, thank you thank you thank you

But as promised i wont shower the haters with more boring details like just how beautiful downtown Detroit has become or how Detroit is becoming one of the top tech cities and start up funding cities in the Midwest, or how there are more engineers in Detroit then any other city in the country or how loads and loads of people from all over the world are visiting everyday and loving it, or how AWESOME the Industrial market is or how the three big casino's just had their best year ever or how for the first time in 50-70 years there wasn't a population decrease or how AWESOME Dan Gilbert and Mayor Duggan are or how great the banking, healthcare, hospitality, industries are doing there or how boutique hotels are literally popping up on every other corner downtown, or tell you about the incredible rebirth of Midtown, the revitalization of Livernois, or how renters are lined up down the block waiting to rent a freshly rehabbed property or how the hotels and motels are busier then they've been in a decade or about the gobs and gobs of all the positive and infinite economic and Housing Market indicators that are putting big happy happy smiles on the faces of Detroit investors and those associated with REI.