Using free or cheap boilerplate contracts obtained online or from other landlords is a sure prescription for disaster.

Its good, didn't need a full remodel and tenant stays there 1 day a week because she travels for work.Now I am ready to pull my equity out, move onto the next project.

And if my credit hadn't been good enough, they could have charged me twice that much.I had to have enough money to travel back and forth to interviews with the property manager, and the housing authority interviews, too.So, my point is that - you can be really picky, even if you agree to accept Section 8 tenants.But, if your property is the type of property where nobody in their right minds would rent it - unless they had absolutely no other options - then don't buy that property in the first place.If it's too late for the above, then try to be super picky.

If you travel to another state, you can make a post, find a Subto member in that city and feel right at home.

I don’t have any affiliation with them, just thought I’d share as I think it is pretty much as cheap as you can find for paid softwares with good functionality.Payments take several days to process, but tenants can automate them which is nice.

Don't be cheap - I personally went into the real investing space with a scarcity mindset and trying to maximize profit at all costs. 

A travel nurse or relo'ing resident, student/intern can't rent from you if your calendar has a night or two locked up in the middle of their desired stay.

Cheap in Baltimore does not equal good prospect for cash flow.

In 2023 we bought our first single family fixer upper, we bought it cheap with cash in an area about 2 hours from our current home.

Even if you have to travel a couple of hours, you have a much better chance of finding someone.How to approach a mentorOnce you've found a likely candidate, it's time to reach out and ask.