If you get sued, there is less equity for the other party to go after.

Establish good communication and relationships with your tenants to foster a positive renting experience for both parties.

Honestly, the screening part is the worst and effectively demands landlords violate fair housing by requiring that you evaluate things like evictions "holistically" (i.e. preventing landlords from having consistent policies that treat each applicant the same.That being said, the bill is better than the original version at least.

@Nam PhamHire a third party inspector.

They fell behind and the 1st lien LENDER filed for NOD and NTS - Notice of Trustee sale and it went to the TRUSTEE SALE X-XX-2023 where the property was SOLD to a Third Party BIDDER for $375,000I assume under this SCENARIO - the 3rd PARTY bidder who purchased the property at the Trustee Sale Auction 8-23-2023 was buying the property involving the action being BROUGHT to the TRUSTEE SALE AUCTION  by the 1st lien DOT lender and that the SUBORDINATE $101,500 2nd lien Held by HUD may have received any (some) OVER BID funds but utilmately was WIPED OUT at the Trustee sale Auction...Thus their 2nd lien Goes away...Do not believe that the SUBORDINATE DOT lien to HUD survives the Trustee Sale unless they BID to protect their juinor lien interest.

There are plethora of landlord platforms that force you to use their own 3rd party banks to deposit rent and charge $2.5-$5 per transaction to directly ACH into bank of your choice (ex: I love Chase Bank).

There is a process that is extremely hairy and complicated called a lease hold exchange where you sell your property to a related party and then lease it back after 180 days. 

I previously served as counsel at a Hospitality REIT where management was separate but the management was a viable business that managed REIT owned as well as 3rd party hotels.

We own and operate a few multifamily properties and also 3rd party manage for other owners with properties 1-80 units including single family, condo's, townhomes, etc in both the Jacksonville and Orlando areas.

Be sure to get any changes in writing, signed by all parties.