- Closed on Rental Property #7 on 10/27.
- Began preparing Rental Property #1 the evening of 10/27.
- Tenant moving in on 11/17.
How did I find a tenant so quickly? A few months ago I rented a condo. I listed in on Craigslist and received a dozen inquiries in the first week. This tenant was interested in moving in a month or two, while the tenants I selected signed a lease and paid the first month's rent the next day. Some folks would see a red flag here - I mean, why didn't she find another place instead of waiting on me? Well, her credit is bad. She was in a bad marriage and made some mistakes. She and her two kids are now living with her mom and she vows this will be a new beginning.
I'll save my philosophy for screening tenants for another day. I will say that I am pretty liberal and will give someone a chance if my gut tells me to do so.