In our area rental property is one of the riskier investments that one can get involved with. The laws here are all steeply slanted in the deadbeat’s favor. When you end up with one who decides or never intended to pay their rent in a timely manner... they can cause incredible damage to your property before spending the thousands of dollars it takes to get them out.
The easiest way in our area to become financially independent is to become a Democrat politician and get in on the grift.
“ they can cause incredible damage to your property before spending the thousands of dollars it takes to get them out.”
Happened to us the one and only time we owned rental property. Once was enough for a lifetime. Not only did he not pay, he stole all sorts of permanent fixtures, quit paying his water bill and the water got shut off, but he continued using the toilet (!), walls smashed, knee deep in garbage and porn magazines.
I had our police captain neighbor run his hot sheet and it came back as expected…as long as your arm.
We were in an investment t group and the guy we put in charge of getting a tenant did not do any background checking.
Trying to evict in Scotts Valley, CA is actually a worse ordeal than dealing with such a “tenant.”
What a lesson.
You just described our area (CT) perfectly.
Crime pays. That is why the Democrats do it.