First Rental, overwhelmed

[Douglas White]

Hey BP So I bought my first rental investment property. I closed on it about three weeks ago and I just finished my rehab phase. I put it for rent last night already have had about 15 some acquires and now I’m getting questions that I do not know how to handle. I’m asking BP and somebody that knows the Baltimore area can answer few questions.

What legal terms should I be aware of? I read MD page but only got information on is registering a house.

It will be pet friendly, anything I should be aware of I’m considering a down payment upfront or monthly payments.

I have people lined up to see the place what are the steps I take after they want to move in? What if it’s multiple people do I let them bid?

What leasing contracts should I obtain? What’s the safest way I can keep myself covered, should I get an attorney?

I am going questions about section 8 vouchers should I be interested in these?

Thanks in advance