They wonder why our next generations are turning into folks that can't handle adversity, it's because they cannot. 

A professional property manager can protect your investment by ensuring everything is handled legally and fairly.Maintenance and Repairs: Routine maintenance is essential for keeping properties in good condition and maintaining property value.

You could also qualify if you spend more time on the property than anyone else involved, regardless of hitting 100 hours.Ex. managing contractors, handling bookings, setting up the property, or dealing with guest communications, you might meet the material participation requirement without needing to track 100 hours.The key is to document everything.

But wanted to add that you may want to consider a consultation with an attorney or even your liability insurance company to discuss best ways to handle this up front to avoid mis-steps in communication with the tenants, neighbors, media etc.

You need detailed language to handle all possibilities. 4.

It is an intensive leasing process each year, from the advertising to handling inquiries, applications, showings, etc. 

-- Roommates could accelerate your savings and give you experience dealing with tenants.How are you going to handle two mortgage payments while your rental sits vacant for a few months - or do you naively think everything rents instantly?

And create a team to handle the stuff you don’t have time for.  

That's just one scenario.But again it depends on what you can handle and what makes sense financially, I couldn't give you a perfect answer on what to do. 

Then, she asked, if she could pay the remaining $750 that is currently due for Oct. on Nov 1st. and pay the November rent in full Nov. 15th.My questions are:  What are the best ways to handle this situation.