Wondering what type of flooring everyone uses in MFH rentals and why.Looking to replace old vinyl in a kitchen of fourplex but head that tile is a bad idea due to stained grout and other possible damage.

I'll have tenants pay water and garbage (both lienable utilities), but I am notified if (as soon as) they are not paid in order to prevent a lien.

That looks like nice oak stained trim.For a rental.

Said sum shall bear interest at the rate of eighteen percent (18%) from such time until paid.g)The terms of this Agreement may be renegotiated by mutual agreement by both parties.NOTE: Paragraph (g) was added a few years ago to prevent triggering a possible sale consideration by the IRS.

Liens can be paid when the house is sold and don't normally prevent a sale.

How will you prevent theft?

Carpet holds dirt and stains easily, tile chips and cracks, vinyl can get nicks and cuts, and laminate and real wood are susceptible to water damage.

I don't think they are necessarily a bad thing, but to prevent that, you'd want to write a very narrow set of Declarations for the HOA.

My goal is to get enough rental properties with passive income that will prevent me from working a 9-5 when I retire.

On the other hand, whoever built my house didn't think it was necessary to install flashing between the deck and the wood siding. 50 bucks worth of flashing would've prevented a lot of rot.