Beginner tip: don't lease in late fall or winter

[Scott Bolinger]

...if your property is in an area that gets really cold. 

I had a tenant leave my Memphis property at the end of October, they trashed the place and I had to do repairs. After waiting for a repair company to be available, completing the work, and getting the place prepped for showing it was December. Holidays and cold meant that I didn't get the place leased until today.

In the future I will do my best to get leases signed earlier in the year, so when I have tenant turnover I can be showing in summer when people are most likely to be looking for a new place.

I know this advice is not for everyone, but it's at least something to consider.

[Elizabeth Wilson]

@Scott Bolinger - That is great advice.  Have you thought about modifying your lease to adjust for that?  Such as having a 14 month lease just so you can have turnover when you want it?  (not that anyone wants it but at least scheduling to your advantage!)