When I say fire fast - do not get emotionally attached to the contractors.

If you want to set up one LLC I don't think that would be much different having a separate for each property.

Here are some strategies I've come across:- separate LLCs for each property (or a series LLC).

We charge one month rent and one month security deposit before move in (make sure payments have cleared before turning over keys)  One month security is max allowable by Delaware Landlord Tenant code.If they have a pet you can charge a pet deposit (again, by state code, DE you can charge up to 1 month rent)If separately metered utilities, make sure they've transferred them into their name by providing account numbers and also a copy of their renter insurance before move in.Good luck!

I'm aware of both the ADA laws regarding service animals and FHA for emotional support animals.

I currently have two tenants in a unit who pay separate utilities and rent under the same lease.

Don't get emotionally attached to a property you tour.

But this could be overly complex when it comes to prorations for NNNs, since part of property is on GLA and other is on ground lease without being separately parceled.

As a smaller investor, it's great to do all the data analysis with widely tracked metrics, but its also refreshing to hear the emotional and experiential data points from fellow investors as well.

Next deal, you and partner A are 30-70, but it is also likely a different LLC with a separate OA.