It took 2 months but my SLC townhome #1 has been rented. The tenant is a single mother with good credit and no pets. I hope I get a stable tenant that will pay on time and last the whole year.
I took a look at the PM’s lease and the late fee is $99.50 if not paid by the 5th. This was surprising to me as my late fees have always been $25 + $5/day. I can’t imagine a 10% late fee due the day after its late but maybe that’s where the rental market is heading.