4) Are there any specific addendums or disclosures required for the solar panels in the rental agreement with the tenants?

Is it better to have both the parent and son on the lease and then have a separate guarantor agreement?

If you're a salesperson your ICA, Independent Contractor Agreement with your broker will detail whether you have to charge yourself or not.Also keep in mind, regardless of payment to yourself, the legal requirements remain the same.

Since the tenant did sign a lease, you may be able to enforce the lease agreement until the unit is re-rented.

Plus, they wouldn’t be able to charge extra rent or additional security deposits specifically for pets.Just a heads-up – these new rules wouldn’t apply to rental agreements signed before January 1, 2025.Where Are We in the Legislative Process?

Just like you would do with any non-family contractor working for you:- get them to complete Form W9 for you, as you will need their SSNs- have them provide receipts for materials/supplies and keep those receipts- have a written labor agreement (how much and for what) - pay for materials separately from labor- make all payments electronically rather than cash so you can trace them- pay out of your business account, not personal- issue them 1099s next year if you paid them $600 or more for labor (for the whole year, not per job): https://www.biggerpockets.com/forums/51/topics/1167632-expla... 

Considering our PM agreement, current vacancy & costs I might have to front out of pocket (have already paid the mortgage)How do I even approach this situation?

They undergo regular training and stay updated with industry trends, laws, and best practices, ensuring high-quality service.Access to ResourcesNARPM provides its members with educational programs, legal updates, and networking opportunities, enabling property managers to handle any situation effectively and offer informed advice.Efficient Tenant ManagementNARPM property managers excel in tenant relations, from screening and lease agreements to conflict resolution and evictions, ensuring stable rental income and minimized vacancies.Legal ComplianceNARPM property managers are knowledgeable about landlord-tenant laws and regulations, ensuring compliance and protecting you from legal issues.Maintenance and RepairsNARPM managers have reliable contractor relationships, ensuring timely and cost-effective maintenance and repairs, along with regular property inspections.Time and Stress ManagementBy hiring a NARPM member, you delegate daily management tasks to a professional, saving time and reducing stress.Financial ManagementNARPM property managers handle rent collection, accounting, and financial reporting, providing detailed and accurate financial statements for informed decision-making.Marketing and Leasing ExpertiseNARPM managers use proven marketing techniques and platforms to attract and retain tenants, ensuring quick rentals at optimal rates.ConclusionChoosing a property manager is crucial for any landlord.

Breaking or terminating a lease agreement early can be a headache to the landlord.

If you have a repair agreement in place then you need to trust that the seller will get it done and order your appraisal.