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Real Estate: Tom Kelly


Tom Kelly
Tom Kelly
The Real Estate Adviser
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February 23, 2006

The Real Estate Adviser: Tenants can be a pain, but landlords can be, too

By TOM KELLY
Special to the Journal

If you gather a group of investor-landlords in the same room, there's usually no shortage of stories about disaster renters. In fact, the prime reason given even by thrifty owners for ultimately hiring a rental management firm is the constant battle with problem tenants — especially those who enjoy telephoning their concerns in the middle of the night.

But some landlords can be a pain, too. Some have crossed the line from forgetful to clueless. At the top of the list was an absentee gentleman who enabled a typical living arrangement to evolve into an economic and legal wonderland.


 
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