I don't feel prepared so I'm trying to get prepared! 

Challenges like unexpected renovation costs and tenant turnover can arise but with proper preparation and management, you can achieve great returns.

Me , I want to preserve my credit rating , ( and money ) if things go south , the best I can . ( Hasnt happened but I do prepare ) My suggestion , consider selling your primary where you live and move to Florida .

Ensure you are engaging your CPA or tax strategist experts to help with tax planning for your portfolio and understand that this is a different service than your standard tax preparation.

Lots of stuff happens during a sale and if you are going to have rentals, be prepared for even more problems.

Create written processes, sample forms or letters, and be prepared.2.

Financing New BuildsIf you’re financing a new build, be prepared for a slightly different lending process.

I'm preparing to repair/replace HVAC and plumbing.

Have you experienced this problem or is this a hypothetical preparation conversation?

This helps with claims about dirty water etc.Either way you go, the takeaway is being able to consistently maintain a certain level of service and being prepared to integrate this into your team's schedule/management work flows.