SOFT SEATS

Never take less than the equivalent of two months’ rent on move in. If a person can’t pay that, you’ll be chasing that person from the get-go.

I once had a custodian who took a ring instead of a security deposit. The renter was an elderly retired nurse from Houston. Also, a felon. But we didn’t know that. She conned her way into the apartment with a dime store ring.

I did a little “self-help” — legal-talk for evicting her without the court’s permission. I got a couple guys, and we moved her stuff into the basement. Her lawyer took several thousand from me. That was my last self-help.

I’m not “mom and pop” — I have a layer between me and the tenants: my on-site building managers/custodians.

How did I get to be bigger than “mom and pop.” First off, it helped my father was Toby Stratton. He bought a six-store, 21-suiter in 1965. He put down 8 percent and got two second mortgages. That’s heavy leverage. Gambling.

The band biz — we’re not “mom and pop” either. “Mom and pop” in the music biz would be a bar band — $100 per night per guy. Yiddishe Cup is above that. We’ve played the soft-seat auditoriums. That’s what the music biz calls the college auditoriums with cushy chairs.

For example, we played Loras College in Iowa and ate at the Ground Round afterward — the only place in Dubuque that was open after 10 p.m.

We’ve played Mt. Union College, Beloit College, Michigan State, UNC-Greensboro, Chautauqua Institution, City of El Paso (Tex.), Kenyon, Wabash, Cottey College in Nevada, Missouri. That’s the gateway to the Ozarks. A lot of places.

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