Also NEVER mention even in passing something you would like to do to the property like “I really would like to install new windows or repaint the exterior of the house,” etc. because the tenants will pester you about it until you do.  

The sheriff may give you a few minutes to install new locks.

Another note to be aware of is that few lenders will finance mobile homes built before 1976.Just make sure what you're flipping is real property and not personal property.Personal property – A manufactured home considered personal property is often installed on a temporary foundation, which means that the home could be moved to another location if the homeowner decides to do so later.

When it comes to business, EVERYTHING must be in writing - via Partnership Agreement.2) Sure. 3) Depends on what your Parnership Agreement states.4) If you're local to the property, it's a great learning experience to DIY manage.

All he had to do was measure and cut a hole (which he ended up doing anyway) like it's done with all plumbing when installing cabinets.3) needed to add power the new ceiling lights in the kitchen, so the geniuses removed the dedicated computer outlet, rerouted the computer outlet to an old fuse box that supplies 1/2 the power to the house (don't ask me why, I moved into the house with1/2 fuse 1/2 circuit panel).

As for the "updated" kitchen, bath and flooring, I would just make sure you know who the installer was, any permits, etc.  

Most of this board is DIY landlords who swear they know better than property managers.

Additionally, most condo's that allow STR in the HOA do not require this or it's already installed, however, any free standing property, duplex's and other properties require a fire suppression system.

Also, I tell them not to buy used furniture.If you have SFR vs multi-family, you should consider being more or less easy to talk to about it, so, that if you are multi they don't DIY goofy stuff that ends up making it worse and spreading it to other units.ALSO, consider treating between each turnover, as it is much cheaper and easier to treat a vacant unit.Lastly, check out DoMyOwn.com ...they have products and great advice about all pests.Good luck!

If no ducts and a lack of availability to install ducts.. mini splits will most likely pencil out to be cheaper.