Private funding from a relative may provide flexible terms and reduced financial risk, but formal agreements are necessary, and interest paid is deductible for you but taxable for them.Traditional investment property loans offer stability and tax benefits like deductible interest and property taxes but require larger down payments.

You should require the tenant to carry $100,000 liability.

I would look into any regulations that might require you to have a fence around the pool as well :)Hope that helps.

However, if you seem similar listings in your area and they're requiring tenants put utilities in their name, then you should feel more comfortable doing so.

I would recommend targeting 30 day minimum rentals (Most associations are 90+), allowing 12+ rentals per year (most allow 1-3), and no in-person screening for tenants required.

In my basements tenants have access to they totally disregard the access required and block the pathways needed for access.

All things being equal, I would accept these applicants, but I would require them to pay a deposit equal to two months of rent.

New construction requirements are for the sole purpose of keeping the trades working, elec, plumbing, mech, siding.

This would be my first property that requires renovation.

@Kyle Cross you claim to know a lot about the industry, but your questions are vague and so is the info you've provided.Not sure how managing 8 units doesn't, "require much management"?