Hi Everyone,I'm a new property owner/landlord in the MTR space trying to get my property rented ASAP (ideally to traveling nurses/medical professionals/corporate professionals).

Experts/ Landlords, Please what is your candid advice Second investment property for rental to regular tenant ( or Section 8) Brand new single family home built in 2024 in Princeton TX 4bd 3 bathroom with new refrigerator, washer and dryer , i closed on the house last year September, I listed on Zillow before but the response was low , so i took it down .

I feel like that's a win win for both the landlord and tenant.

I once worked with an investor client who was a remote landlord.

You might go by the Dallas HA office and see if you can speak with someone to see how they determine rents or see if they still have their landlord seminar. 

I've spent a good deal of an hour clicking around in circles on the DHA webpage and setting up a profile with their bob.ai platform but cannot seem to get real answers or the ability to speak to someone about the details.Anyone have experience with voucher program as a land lord?

I am wondering how to easly  integrate rental forms ( I use WI Legal Blank) into my landlord software (I am using Simplifyem).

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…

If it sold for $120K in 2007  , and your rent is $2000 a month , the landlord is probably cash flowing rather well .   

I want to avoid mistakes as a new landlord so hoping to learn from all of you!