Anyway, I’ll leave it there; it’s your journey, after all, and if we’re going to kick this can together, I’d rather see you show up with at least a rough map in your back pocket.JulianTurning investment visions into REALITY in Omaha, NE - Ranked #1 city to move to by Forbes Magazine. 

Additionally we keep the total security deposit until ALL the tenants move out, so the leaving party won't get their security deposit back until the last party leaves. 

We use Google Docs Template - it is good because you can share it digitally as well as print and leave in home. 

Tenants want to feel heard and know their concerns matter.2.Clear Communication: Keep tenants informed about the status of their requests.

@Michael BertschAs a general rule, we only leave a fireplace functional unless it has a sealed, externally vented, gas insert ... and, even then we may disconnect it.Check with your insurance provider and see how unhappy a functional fireplace in a rental makes them.

Exactly that’s why I’m trying to figure out a way to take ownership or protect my investment as I’m taking over payments and do not wanna leave it under their name as they can just come back and take it

Closing in an LLC is also allowed with DSCRs if that's a concern.

And no, the purchaser would not have a viable claim over the incorrect record as all information concerning the subject property must be independently verified.Owner should have accepted the pre-auction offer which turned out to be ~2x the high bid.

This leaves me $700/mo (plus $200/mo in reserves) to pay myself, which seems high for a “house hack”.Hindsight being 20/20, I may have bought out of my price range.

We don’t plan to leave jobs and live off of the portfolio but have it as a wealth generator aka hedge against future risks