Reply to Renting To Lawyers, any experiences?

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[quote=Anonymous]My parents sold a house to a lawyer a held a second mortgage with a $30,000 balloon payment due in 5 or 10 years (this was in CA in the 70s).  The lawyer was a total jerk and was trying to get out of paying the second so started a lawsuit over the fact that my parents took some free standing cabinets that had been identified as not going with the house (my father had built them himself to fit in nook next to the stove) claiming they were built-ins and a bunch of other minor crap.  It was seriously 10 years of litigation that cost my parents a fortune because they did not want this ass to win.  So there are certain transactions I would not get into with a lawyer.

That said, DH and I are both attorneys and we would never pull that kind of crap so I do not think the entire professions is suspect.  We have a rental property and have rented it to think tank/academic types because those are the applicants we have had (luckily not much turnover), the lawyer question has not yet come up.   [/quote]

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