Originally Posted by pondering_it_all
My wife and I have three modest rental properties we bought over a lifetime of work for our retirement income. We have always had the policy not to ever raise the rent on people because tenants move out often enough. Now I'm going to have to tell our management company not to evict tenants if they can't pay the rent.

The three of us brothers own one modest condo each as part of a family LLC, and I am bracing for a tenant that won't be able to pay as well.
Ever since being put out to pasture in my job due to failing eyesight and hearing, I depend on that monthly payment, so when it dries up, it's going to hurt.

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