After this tenant leaves, you must clean/repair, market, screen applicants, select an applicant, collect the deposit and rent, get them moved in, etc.

You always have to be careful when doing business with family.

However, we also learned that even in high-demand areas, careful buyer vetting is key to ensure smooth closings on fast flips.

. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.

Very selective process, and geographical regions- but this is an AMAZING tool for some people. 

It can also work if you're planning to do an option, assignment, or double closing, because you're not taking on the risk of holding the property for an extended period, but if things continue slowing down (thank you, high interest rates), you'll want to be very careful about how much you're offering, especially if you stick to the straight flipping model, where you take title to the property and don't make any improvements to force appreciation.

There are only a select few areas to steer clear from, but even those are getting better.

Lawn: if it's in a HOA and you care about maintaining the look of the exterior, owner should take care of lawn.

The information base utilized is often bias, self selected, and often irrelevant to the point the writer is trying to make.  

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