We need you help! We have a few questions

[Daniel Dominguez]

Hello everyone,

We have a few questions as we get started seeing up our first rental property.

1. Is it common practice to have the renter pay for the background check?

2. Should we collect a security deposit and first/last months rent?

3. When trying to establish a late fee, should we do a % of the monthly rent?

Thank you for your time. It's much appreciated. 

Daniel

[Rashad K.]

Book on managing rental properties by brandon turner