In Maryland for a year lease, you have to give 90 day notice of non-renewal.

My leases say Tenant is responsible for pest control if not reported within 10 days of move-in.

And don’t be afraid to chat with leasing agents in Brickell-they can give you a boots-on-the-ground perspective on rental demand.Natalie, your story reminds me of a friend of mine, Alex, who house-hacked a two-bedroom condo in Phoenix.

My objective is to buy about an acre of land, that is already leveled, access is being done, and utilities are going to be 5 feet from the property; and then build 3-4 shell retail spots on my plot, owner occupy one of them with a business and lease out the others.I am meeting with a developer this weekend, but have some wrong numbers regarding the average cost of building a shell space. 

If you do section 8 you also have to be aware that your notice requirements for renewal and also for lease termination are longer than the standard lease.

@Francisco PineiroYou could call a few home inspectors in the market you are investing in and see if they do draw inspections so you know the items are correctly done before sending funds

Bonus question: Should I execute the leases under the business name and tenant’s name, or should the leases be in my personal name and the tenant’s name, considering the loan is in my name?

After a month of renovations, I listed it on the market on November 19th and secured a tenant with a lease starting on December 10th.

Leases expire mid 2025. 

Once leased, I call them and have power cancelled.