Despite Economy, Landlords Should Not Make Hasty Decisions on Renters

Faced with an empty property in this rough economy, landlords may be temped to relax their standards. Since they have monthly mortgages, taxes and other expenses, they can be desperate to get someone — anyone — in their home to pay the rent. This strategy, however, could land them a tenant who cannot pay the rent and ultimately must be evicted — which presents a greater headache than just an empty property. Here are tips for landlords...