Landlord can require tenants to be responsible for separately metered utilities, so can avoid waste.Landlord can get annual small increases in rent.NegativesMost of us don’t treat something we get for free the same way we treat something we’ve worked hard to obtain.S8 applicants claim “broke” and don’t like to pay application feesSame goes for security depositsS8 tenants, in our experience, tend to cause more property damage than non-S8 tenants. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

If we can avoid paying a "gift" tax that would be great!

So I'd give that a quick try before asking the tenant for it just to try and avoid asking.

I no longer entertain buyers agents from Carbutti and Company due to a past bad experience with one of their agents. The scenario was that a buyers agent wanted to be an impediment to closing a transaction between on ...

(that CA so ignorantly enforces)...Not sure if any of that makes since...it's was just a thought...what are yours  Yes you want them to sign their rights away to avoid an eviction process.

This will be a long distance BRRRR (I'm located in California).I've got 8 turn-key SFRs but now want the money to work harder.Do out of state BRRRR investors have tips on getting started and/or pitfalls to avoid?

If you want rental property, you could take that equity and buy several houses better suited to renting.Selling now makes sense because you can also avoid the capital gains tax because you lived in the property 2 of the last 5 years. 

However, it's important for landlords to apply this question consistently to all applicants to avoid any mistaken appearance of discrimination. ~ Ran FRIDMAN PROPERTIES FAMILYI don't think you mean this literally, because treating everyone like family is a recipe for disaster!

There is no room for easily avoidable mistakes like these.