It’s a smart way to leverage your current resources while keeping your financial risk in check.If you ever need advice on financing or want to discuss this strategy further, feel free to reach out.

You need to be debt free with good credit to properly position yourself on a path to successful investing.

For it to work properly (ie heat the unit), it needs to be kept on in the winter even if she turns it down when she's away or in the evening. 

Fantastic resource! 

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

There are a lot of good resources throughout this thread an additional one I would recommend looking at are the Fair Market Rents on the HUD website.

I want to know if one of my rentals has a massive even that I'm covered, that's worth the going rate on the proper insurance to me.Best of luck!

I have an underwriting sheet / video I provide as a resource to folks that goes through assumptions in the ATL - if you shoot me a DM I can get it over to you.

A lot of places up here in WA you must have cause for a lease non-renewal.Check your local laws too, a lot of places require proper notice to be given prior to lease non-renewal.

They used their money, time, and resources to offer you a complete investment, including in-house management.