We track our post-closing default rates and in past 4 years we had like 1 file and I think they ended up catching up on payments. 

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

If there is not HOA, the only enforcement would be from a disgruntled neighbor who might end up filing a lawsuit against you over a potential Commercial use. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

. -- A license is not required for:(4) an agent of a licensed real estate broker or of an owner of real estate while managing or leasing that real estate for the real estate broker or owner;Attorney P's interpretation - Therefore, property owners can directly hire non-real estate brokers to manage their rental properties.Attorney P's Recommendations - You can either file as a foreign entity doing business in MD or start a new business in MD.  

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

@Nick TroutmanThe Airbnb calculator has been replaced by a downloadable excel file which you can get here https://www.biggerpockets.com/airbnb-calculator

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

Kyle Zochert:Be very careful.In Texas, once a lien on property is filed, it is on file forever and part of the chain of title until it is released with a Release of Lien.You can research this yourself in the County records, and find a level of comfort depending on your experience with this.You can even buy someone else's opinion regarding whether or not there is a lien on the property.  

IMHO Have campaigns for phone text email follow upHave a phone system Have a text system Have an email system Have chat both external and internal Have webforms Have RVMHave conference roomsHave file storage Have a CRM attached and seamlessly churning data  I use calltext.com however I also own it.