Roofs, plumbing, vacancy, taxes going up, insurance going up, etc.That doesn’t automatically mean it’s a bad deal though, especially since you’re house hacking.

We've updated the flooring, painting etc to match the local markets.So, do we just have bad luck or is the quality of tenants in Vegas subpar at these price points based on the local economy?

A vacancy costs you a month of rent; a bad tenant costs you thousands in legal fees and damages.Your screening process is your only real insurance policy.

As cold as it might sound, we should have told her that we felt badly for her but the rent was due on the 3rd and the lease clearly states when eviction action would be taken, i.e., on the 10th.

I have had candid discussions with the PM where I tell they need to improve their screening process because I not have these issues in other states and they excuse this by saying that bad tenants are unavoidable in the AL market (which seems like BS to me). 

I was wondering, how do you deal with bad communication from the "standard Property Management Company"?

As cold as it might sound, we should have told her that we felt badly for her but the rent was due on the 3rd and the lease clearly states when eviction action would be taken, i.e., on the 10th.

Never rent to a tenant with bad credit unless your in an area impossible to get good credit tenants.

As cold as it might sound, we should have told her that we felt badly for her but the rent was due on the 3rd and the lease clearly states when eviction action would be taken, i.e., on the 10th.

When I was starting out I thought I was learning.Turns out I was just collecting opinions from people I had no way to evaluate.I did not know enough to know what the right questions were. I did not know how to researc...