Challenges?

What’s your biggest challenge so far in analyzing those deals?

Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!

@Blake McWilliams This is a most challenging problem with both residential and commercial investors.

That is smaller units built with higher density to make the numbers work for both buyers and builders.Adapting to these challenges isn’t easy, but it’s necessary to keep up with the market.What are your thoughts on how builders and developers can address affordability and supply issues. 

You will need someone more local who is incentivized to be available to do showings and handle issues.

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

• How do leases typically handle furniture/appliance damage or wear?

Hey @Reeti Peshawaria, so this is always a challenge when you have a whole country to decide from.

I'd encourage you to be tight with your lease & learn the local laws so you are compliant.You will definitely be a young landlord but how you handle yourself will set the stage.