Landlord discussion and questions

[Armani Emon]

So, 

I really just want to come here to see if you guys can help me minimize surprises when becoming a new landlord.

I would hate for the home to be repossessed, or have any laws broken so I am trying to bulletproof my plan.

I have considered

1) Screening for a good tenant and possibly a property manager

2) Putting away money for repairs and surprises

3) Looking at the tenant-landlord laws in my area

4)Creating leases and collecting rent

5)Thinking about the property, city, and state tax

Am I missing anything else? Also If I was to buy out a home and just rent it out since the home is mine I can do as I please with it correct?