Having more people liable for the lease is usually positive in my experience.

I usually pretend that I am a traveler or renter searching in that market.

You can usually find some events by doing a simple google search.

@Hai Le - Usually you have to provide written notice / 30 day notice if you decide to not renew their lease or even just asking a tenant to leave.

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Usually B properties in good neighborhoods provide positive cash flow at 75% LTV.  

Tons of double sided tape used which results in a fair amount of extra effort to restore (most cases paint comes right off the wall requiring patching sanding etc, some cases Good-off was effective.

We are in the last month of 2024 and usually in December and around January through March properties tend to pop up faster. 

Otherwise, they have to eat the extra expense just like homeowners do.I would talk to an attorney and your insurance company.