I recently became aware of a local Sacramento Property Manager that claims to offer cash for keys to tenants that do not pay their rent. I am withholding the name of this large property management company.
I think this is a bad idea. If the word gets around that a property manager and property management company will offer cash for keys rather than evict, it may interest other tenants of that property manager to try and score some cash if they cannot pay the rent. Maybe it is just the return of their deposit, but it is a reward for breaking the agreement none the less.
You can rest assured that HomePointe Property Management will evict any tenant that stays in a property without paying their rent. We will do our best to obtain a judgment against them and get that judgment on their credit report so other property owners and property managers can be warned about this bad actor.
At HomePointe we try to be a good neighbor to the investment community. We do not recommend that our clients shortcut such matters and allow bad actors to continue to get away with breaking a lease.