To date, I don't prefer to work with contractors directly as an OOS investor. 

Some will deal with owners directly and other have tenant rep brokers they might direct you to FIRST to scrub the site and see if it is a possible match.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Many of my Investors Friends(Hope this Helps):Look at secondhand furnishing—OfferUp, Facebook Marketplace, and local resale shops can have great finds at a fraction of the cost.Check clearance and scratch-and-dent sections—Appliance stores, furniture outlets, and big-box retailers often have steep discounts on slightly imperfect items.Buy in bulk—Places like Costco and Wayfair offer deals if you’re furnishing an entire unit.Time your purchases—Major sales (Memorial Day, Labor Day, Black Friday) can save thousands.Estate Sales: One strategy that’s worked well for us is reaching out directly to heirs of properties where the owner has passed away.

Really simple process to get a term sheet and no upfront fees except appraisal cost that is paid DIRECTLY to the appraisal company.

For pre-2022 loans with lower interest rates, direct transfer to an LLC could risk triggering acceleration and result in refinancing at a higher rate.

Most PM software allows late fees to be charged.Ours allows us to absorb the cost of tenants paying electronically thru the software - it usually wants to charge tenants, but we want them to pay electronically.We manually charge tenants a Processing Fee for mailing in their rent, a slightly lower Processing Fee for depositing to our bank.Your success will depend on the Class of your tenants.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

@Francesco PizzutoIf anyone can point me in the right direction I’d appreciate it thanks 

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