I have a lease addendum that are house rules, specific to the property.

If a rental/lease contract is a legally binding document...enforced by collecting rent...or enforced by an eviction process if rent is not paid....then can there not be a document (legally binding) for a tenant to sign that would relinquish their rights as a squatter or due process of eviction...

We ask simply questions, like were they late, did they have lease violations, outstanding debt and would you lease to the tenant again.

Get a 7-10 inspection period to check everything out on the inside of the units but also make sure to get the leases to review during your inspection period. 

I know its expensive but you will be well protected :)Or you save a lot of money and be better protected by doing this consistently and well:-carry appropriate types and amounts of insurance-sign contracts with indemnification provisions- obtain all necessary licenses and permits to operate your business-ensure all vendors/contractors are licensed and insured and list you as additional insured-sign well drafted and fair leases and be a responsive landlord -be an active owner or hire an active PM  who avoids or at worse timely eliminates premises liability exposure The strategies you often read about are sold by alarmist asset protection companies who fail to disclose how impractical they are.

Review their lease agreement and addenda.

And if you time it just right when your tenant lease comes due, or have a tenant that just needs the extra space, then it’s a win win since you dont have to have any vacancy. 

At a bare minimum, I would require a written lease agreement and a standard security deposit equal to an entire month of rent.

Hi Kailis:You can have a 3BR SFR, rented to 3 singles, though it's not advisable, you can give each renter a separate lease.

The tenant has been facing these excessive charges for about three months but only just reached out to me.In Akron, I understand that the property owner is typically responsible for the bill, though our lease specifies that the tenant is responsible.