Always charge at least some sort of security deposit, and the first months rent up front upon movein.7. 

Not only will you lose your property tax exemption, but you may need to secure LTR tenants.

or have you found various creative solutions to secure favorable terms?

Their lender even noted how this switch opened doors for them to secure a third property within two years.From what I’ve seen in Forbes, this decision often depends on the investor’s timeine.

We supply the same that we use at home.

Given Covid related material and supply shortages, should I plan additional buffer time around my contractor's estimates. 

The other option is a water supply line, but that would typically resulting a steady leak and the damage would occur faster.Really think about what is above that space that could cause the issue.

You should secure that switch (or that area), so you can control who accesses it. 

Can You Secure a Second FHA Loan?

If you have time to secure this loan through a bank, I would strongly consider it.