Make sure and get a 1 year lease in place.

It’s not because self-management hasn't worked, but rather because I’m looking to free up my time to scale my portfolio further and focus on some other time-intensive projects.If you’re managing from a distance, the key is building a local network you trust—contractors, handymen, leasing agents.

For enhanced returns on a RELATIVELY passive basis, I have had success with FURNISHED LTR, as well as 3 - 6 month leases.  

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

The HUD lease supersedes your lease in cases of discrepancy.We recommend to our clients to NOT worth Section 8 housing unless the rental market demand is very slow.

The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits  find themselves in far less tenant controversies. 

Unless you are doing construction and acting as a GC, owning a property management and leasing company as well as owning real estate, maybe then have one.

They learn Sub2 and Seller financing, maybe even lease option, strategies.  

While 3-5% increase is the tolerable 'nice' approach, it isn't on you to absorb market increases in expenses if you aren't on a yearly lease with your tenants.  

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.