Posted 3/18/2009 00:01 (#648028 - in reply to #647991) Subject: RE: BTO crash and burns
Lenawee Co Michigan
I've seen this many times. The hot shot bidding the highest rent can't pay it, and of the promise of unusually high rent is worthless if it's not paid.
I do see some landowners taking this into consideration and not necessarily going for top dollar, but for who will and can pay a reasonable rent. Your good reputation still means alot to a good landlord.