You’re going to have a legal local lease made up, research the local laws, make sure you don’t even appear to discriminate, figure how/where to advertise, do background checks and so on.

Background information - I have secured the property, have changed the locks, and the previous owner has not occupied the property in over 5 years and has mostly likely moved in with her daughter in a different state according to the neighbors.

Long-term rentals have their own set of fixed expenses such as background checks and optional property management, with variable costs like vacancies, evictions, and utilities, and unexpected expenses like tenant damage and unpaid rent.

Hi Logan,To give a bit more background...Right now I'm trying to stay away from student rentals, though being in Mt Pleasant and Big Rapids that might be hard to do.

Our background is in architecture, so trying to learn more about the business and financing side of the game. 

Do the credit/background/reference check3.

I am starting from ground zero, with no prior background or capital to invest, but with a strong desire to create passive income for my family.I currently work as a middle school teacher in California, and while I love my profession, I have a strong desire to explore avenues that could potentially provide financial stability and additional income streams.

People participating are all over the rainbow in background, personality, strengths, financial position, family make up, and color. 

The application includes a background report and credit report.

A little background on us.....we are both very knowledgeable individuals and extremely ambitious.