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Updated over 3 years ago,
Rental Property Handbook
I am curious if anyone has taken the time to put together a handbook for managing their rental properties. For instance, the first thing to do after closing on a property. How to find tenants. How to handle late rent, deal with unapproved people/pets moving in etc.
I am self aware enough to know that this is my corporate IT self coming out and wanting to have a 'Desk Level Procedure' that I can refer back to at any point to stick to my process and stay on top of things. I also think this would be beneficial to show my wife and walk her through it so she realizes this is something I am treating as a business and not a hobby. This document would include all of the lease documents, screening applications etc. in a central location.
I tried searching for 'Business Plan', 'Processes/Procedures' etc. but nothing really matched what I am looking for. Hopefully I am not the only crazy person and someone else can chime in on how they handled things getting started :)
Thank you!