LTRs may not cash flow immediately, but offer less risk, assuming the tenants are screened well, as only one tenant is in there for the duration of the lease. 

I had to evict one tenant already and am being much more strict in my screening process.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Unless there is another person able to provide income and you can properly screen them, we would deny them.

I pay my contractor a flat fee each month so my labor costs don’t vary much.

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

Screen Your Tenants ThoroughlyTenant screening is non-negotiable, even if it's for a single room.

They’ve been very responsive and seem to have done a great job screening and placing tenants, which took about 6 weeks (keep in mind I’ve not totally rehabbed the condo, older kitchen, bath and carpet), so renting out took a bit longer.

The day-to-day job of a landlord involves being on call 24/7, finding emergency contractors, collecting rent, screening potential tenants, and resolving disputes.For some investors, selling a rental property makes the most financial sense to get their life back to normal.11.

I will take what you said into consideration and complete the screening with them.I hope they are a great fit but if not then will continue the search for a new tenant.Have a great rest of your night!