Fortunately all 3 of my tenants have been paying largely on time. Two on time like clockwork (one that just moved out yesterday), I have it under contract to sell for 40% more than I bought it for a few years ago. One of my tenants has been behind a bit but has been catching up a bit each month and is running only a week late at this point. Quality screening on tenants is crucial for renting. I do not look to max the rent - I like to rent $50 under market, which gives significantly better quality applicants, and also usually provides less turnover.
Renting under market gives you better quality tenants?
If we cannot pay our rent, we will move out. To continue living in a place and not paying rent is theft.
I have a property nearly ready to rent. I am considering selling it instead. But since I am self employed I could use the mailbox money( no debt). Decisions.... decisions....