Then following it no matter what- no favors, no anything besides following the lease for the sake of your friendship & learning good business practices.2) Sign-up with a free service like Apartments.com that implements the lease. 

It's to be selective on my clients I want to take on, do a great job for them, and foster lifelong friendship and business relationships.

By doing this we have built a partnership and somewhat of a friendship ( business comes first ) we discuss anything that may be a obstacle or a problem no matter how small.

And there is this neighbor that has been terrorizing me for the past 3 yrs or so here at this address, 233 W Friendship St, APT B, Medina, Ohio, 44256.

When it comes to renting rooms in the house I'm living in I always give a little below market rate and rent to my friends, I'd much rather make a little less to live with people I really like for quality of life purposes.Warning: this can definitely be friendship ending depending on how easy you/they are to live with though!

Much depends on the friendship dynamic, no real hard equation for it, whatever makes both comfortable.

I know this deal came to you by your friendship but I would like to ask you what kind of marketing strategies you follow.

Your Realtor has a vested interest in this deal, recognize that.Since you're asking, that means you don't have the experience to be involved with your friend, nothing personal, at least as an advisor, great way to screw up a friendship getting in over your head simply because you think you can or have the gonads to get involved.Best to have your friend go to his bank and talk to them, talk to the commercial folks and they will tell you what they will need for that property, that is where your due diligence begins.

If you can swing it, Clarksville, Columbia, Dayton, West Friendship, Ellicott City, Glenelg, Glenwood, all have great schools and are very popular places to live.

-You should have an amicable business relationship with all of your tenants, not a friendship, but they shouldn't be afraid to communicate with you if there's trouble.