This could be a great way to get started as you'll be at the property everyday and by living in the property not only will you be there firsthand to oversee the work being done, but you may also find new potential issues while living there.If you're looking to do this, I'd recommend a 203k loan to purchase the property and get some rehab funds. you'll just need to live in the property for a year before being able to lease it out to a tenant.

Without seeing your lease, if the lease says that 'charges are due as additional rent' the charges may fall into housing delinquency law.

I have one personally and I have found its better to rent the whole property vs. splitting it off and having a separate tenant with a separate lease.

Create a digital folder for lease agreements and tenant records.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Good morning all,Looking to see what kinds of hoarding and/or inspection clauses you all have in your leases.

Tenant and Lease ManagementSimplify tenant payment workflows, digitize receipts, and efficiently manage leases, rent collection, and maintenance requests, etc.5.

We have a lease clause that plumbing issues caused by the tenant that are not the result of a mechanical or material defect in the plumbing material are billed to the tenant.

If they’re month to month you don’t need to evict, just don’t renew their lease. 

Multi family is the most stable but also is more profitable than Single Tenant Triple Net Lease properties.