When a tenant leaves owing $2,000 in damages, reporting them to a credit reporting agency may pressure them into paying you to protect their credit.

@Raghavendra Jakkani wanted to add that some states, source of income is protected so you can’t exclude income sources that may come from child support, government assistance etc.

Hello @Aaron Maxwell,Calling is more time consuming but more cost effective.

You'll want to protect yourself from a potential personal injury suit.Lastly, you'll want to get the eviction process started with the courts. 

U think @Russell Brazil or @Steve K. are not going to be there at the final walk through to make sure their clients are protected ????

If your property is owned by an LLC using it for personal use may negate any liability protection the LLC would have offered. 6.

If you manage homes built before 1978, there's a key regulation to be aware of: the Environmental Protection Agency (EPA) requires property managers and Landlords Nationwide to be certified in lead-based paint handling.

@Angel Peng you may want to consider registering an LLC to protect yourself from liability.

That’s expensive and time consuming. 

Zillow's recommendations, just like the Zestimate, aren't perfect, but they can be a good starting point for consumers, particularly in markets like ours where buyers are typically not local or otherwise are relocating to the area.