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Re:Renting is Throwing Money Away, Right? (2015) by pc86 on Monday April 23, 2018 @11:41AM (#16904372)
This can certainly happen but it's definitely uncommon bordering on rare, especially for folks who keep paying (or with whom you're willing to work out a deal). And running credit and background checks on prospective renters goes a long way toward eliminating folks who are going to be prone to stop paying a lease halfway through.
Re:Renting is Throwing Money Away, Right? (2015) by scarface74 on Monday April 23, 2018 @04:02PM (#16906881)
Things happen. People lose their jobs and according to most banking standards, they expect a 75% occupancy rate when considering rental income.

It only takes one bad tenant who doesn't pay for 3 months over 3 or four years and repair costs to wipe out all of your profit.