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Sublet Agreement ~ reason for concern?

Posted by Real Estate Investor on May 29 | Real Estate Investing Chatter

I recently sublet my place for the summer. The renter signed today and I gave him the keys; he will be coming back in the afternoon on Friday, at which time he said he will pay me in full after going to the bank during his lunch hour.
My roommates told me that I should have waited until he paid before I gave him the keys and let him sign the contract, which stated ‘full amount to be paid upon signing sublease contract,’ they said he may move in now without paying because he already signed.
I have no reason to believe that the renter would do this. I expect him to move in on Friday and pay me then as he stated he would.
Do I have reason for concern?, more 


and Cheap houses FOR RENT OR BUY Columbus Ohio?  Must be a four bedroom xD, more 

and how do I search with a MLS number?  I want to look at my friends house and only know the MLS listing number., more 

HOW MUCH IS MORTGAGE?  School assignment…
say you were to OWN a house that cost around 300 -400 thousand dollars, what would the mortgage be on that house??? and how much would it cost for homeowners insurance??
also, say you rented an apartment that was 550 dollars a month, how much would renters insurance cost?, more 

and I have mold in my apartment; side of fridge, freezer, around toilet, and in closet.?  , more 

Tags: foreclosure, bank owned, investing advice, homes

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