My Tenant moved out of my rental house today, after three years of being an excellent tenant. He finally bought a house for his family in an area which he thinks will be a lot better place to raise his children. Also I think it's closer to work for him.
Now my Tenant was very thankful for my taking a chance on him, and renting to him, because when he came to me, his credit was completely shot. He had run up a bunch of debt, and the company he had started working for to clear that up went out of business leaving him in a bad position, and with a family to support. So what did he do?
He joined the military. Full time California Army National Guard.
Now, all things being equal, I was ALWAYS rent to a member of the military before I rent to anyone else, for two reasons: The first is because I know how the military works, if there is ever a problem, I just have to call his first sergeant, and they will take care of it immediately. The second is because I'm ex-military. True I never got deployed overseas, and I never saw any combat (though I did draw hazardous duty pay for a few years), but I still have a lot of respect for my brothers in arms and will always help them out if I'm able.
Now that he and his family have moved out, I'm going to sell the place. The market has come back enough that I can do that and not end up owing anybody anything, even if I'm taking a loss in the process. Honestly I do not enjoy being a landlord, even though my last three tenants have all been good and responsible people (the first one was a gang-banger. Moral of the story, property management firms suck - fired their ass when all was said and done).
Last of all, he is deploying to Afghanistan this fall. So if you are the type that prays, please say a prayer for my now former tenant, and his company. May they all come home safe and healthy when their tour is done.