I'd also disagree with any off the cuff remark by any attorney who would suggest doing less, attorneys often have other motives, like fixing screw ups done by thier clients, it could well be that....oh don't bother with that (thinking, I can fix that later if I need to).....yes, some attorneys are like that.

This prevents tenants from using the battery in a kids toy or not replacing a dead beeping battery.Other areas require fire escapes, fire resistant doors, fire stops, and hall doors that close when there is a fire, besides sprinkler systems.Most times a lot of this can be grandfathered in, but if you do any remodeling requiring a building permit expect to be required to become code compliant as well.

If you have children, have you ever said, "if you behave you can get that toy?"

Realize you already have one big, expensive toy.

Are you prepared to hide/remove all of your kids toys when it comes time to sell?

I have considered doing month-to-month leases right from the start too...still toying with the idea.

We have a property for which we don't long term want to mow (i.e. avoiding kid toys). but at the moment there is no lawn mower storage so I think we are going to have to include the mowing.

I've been toying with this idea recently, but do not currently have enough leads coming in to rationalize hiring a full time VA yet.

Now, I might if we were putting up a toy factory or some venture that had long term employees planned. :)

Finishing "Getting to Yes" and next up is "The Smart Executor's Guide For Cash-Poor Estates" by Bigger Pockets own Rick H.