Start by formalizing the transition—create a lease agreement and maintain detailed records of rental income and expenses.

You want enough so that a potential law suit would go away if the insurance paid out.Best thing is to highly maintain your property and treat guests with respect so that no one would ever want to sue you.

I have been considering reaching out to the seller to see if they are still interested in selling the property and just this week I found a Facebook marketplace posting from the seller trying to sell their home off market because “it became too much for her to maintain alone”. 

You should maintain a copy of the key in case the electronic feature fails and you need access to the home.

Owning a duplex at 20 is a huge accomplishment, and it’s inspiring to see you’re already planning your next move.From my perspective, real estate investing is a long-term game focused on building equity, paying down debt, and maintaining stability over chasing short-term cash flow.

If not make sure your cleaners have some education in maintaining hot tubs. 

Additionally, ATCP 134.05 says that if the tenant provides a consumer credit report from an agency that compiles and maintains files on consumers on a nationwide basis and it is less than 30 days old, the landlord may still run a credit check but at its own expense.When I inquired with the company, they replied: "These laws are in place to ensure that you, as a landlord, are not profiting by incentivizing multiple applicants to apply when you have no intent to rent to them.

To thrive in real estate investing, you must maintain a firm grip on your finances.

But I usually heard this from people who had never owned a business before, didn’t have the cash to back up their plans, and often were planning to maintain full time jobs.My advice: Start with one business.

What about if you set up a maintenance company that maintains all of the properties, then you have a real estate attorney prepare all of the lease agreements.