And speaking about retail, you also have other real world issues that can impact things: co-tenancy requirements, use restrictions, etc, that may not be an issue with the current tenant lineup, but can certainly impact your ability to fill vacancies or maintain occupancy as tenants roll.And to address what seem to be your follow-on questions for people: there is no exhaustive list.  

The biggest problem is constant litter and dumping by non-tenants and petty vandalism.Even in this neighborhood, I believe that because we maintain our buildings well and are willing to do payment plans, we have four (of 8) tenants with B.S. degrees and a fifth in his 3rd year of a BS.

This way, all income and expenses related to the cottage can be run through the new LLC and its corresponding bank account.Additionally, make sure that you’re not mixing or commingling any personal transactions with your business transactions or transactions between the different properties to maintain clear separation and avoid potential issues.

Thank you Theresa, I also suspect that they lied about the three girls who have already moved in, but since they paid rent on time and the property seems got decently maintained (my PM just walk through it), I just want to put up with them, and sign a new agreement which will add the new people in.

My personal average for a 2 unit detached is closer to $300, for an older property I think $300-400 is reasonable (not including vacancy).Are you allowed to offload utilities to tenants even if maintain the relationship with the utility company?

Some terms you may find helpful:Repayment Schedule: Clearly outline the payment schedule (monthly, quarterly, etc.).Balloon Payment: If applicable, specify the amount and due date of any balloon payment.Prepayment Penalty: State if there’s a penalty for paying off the loan early.Default Terms: Clearly define what constitutes a default and the consequences, such as foreclosure procedures.Insurance Requirements: Ensure the buyer maintains property insurance.Maintenance Responsibilities: Clarify that the buyer is responsible for property maintenance and repairs.I hope this helps you out, have a great day!

Set up properly and maintained correctly, they should not allow for liability to pass through to yourself or your other entities, as long as funds are not commingled, seperate accounts are maintained, proper legal forms are filed, and loans are not personally guaranteed or cross collaterized. 

It doesn't particularly matter to them that it costs money to run and maintain the site. 2.

And you'd have to maintain a primary residence of some sort somewhere. 

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