Quote:
Originally Posted by Russ B
I'm not saying you shouldn't take care when finding a tenant but expecting someone to front that sort of amount, especially with the economy the way it is.....I have to say I find that pretty unrealistic.
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I'll agree with you that it's not easy. For a lot of my early life I would have struggled to find that sort of deposit.
There's no easy answer really. It's always a leap into the unknown with a new tenant. You have to accept a reasonable degree of wear and tear just as you would get in a home you owned yourself.
I still believe that the landlords that are prepared to accept benefit tenants are exposed to higher risk and should be paid direct. You are providing a service that the government is unwilling to directly address. They should do whatever they can to minimise your exposure.