Getting Paid for Tenant Caused Damages and Vacancy Loss
By Mike Shore- Originally published on https://www.hominc.com/damages-and-vacancy-loss/
We don’t have to tell you that tenants don’t always leave their units in pristine condition when they move out. You understand that this is part of the business. The good news is that most of the housing programs that we operate allow us to cover some amount of tenant-caused damages, unpaid rent and even vacancy loss. There is a process and some limitations, so let’s review.