It is almost better to have your rental property sit vacant than to rush and get it occupied before you do your due diligence. You need to do everything possible to properly screen your prospective tenants before they move in.
There are a lot of horror stories out there about the things that bad tenants will do to your property. If you don’t do your homework, it can end up costing you thousands of dollars and a lot of grief and stress. Probably the worst thing that can happen is to have tenants that turn your nice revenue generating investment into a grow op for marijuana.
The equipment and environment that is required to setup a commercial grade operation will certainly destroy your property. This is because grow ops require very high heat and humidity to grow a good crop. It is this combination of heat and humidity that causes mold to grow everywhere in your home. This toxic substance will embed itself in every nook and cranny of your home. In fact you will have to replace almost everything except the studs. You will need to get a professional remediation company into clean and disinfect the entire home and have it dry over several days.
There are many other potential nightmare scenarios that the property landlord has to deal with, but the grow op is probably the worst. Check out this video to see how you can prevent this from happening to you,