As you sort of infer - we look at mitigating risk by how much security deposit we require.  

.- Seller Disclosures: Specify that the buyer's acceptance is subject to reviewing and approving all seller disclosures and documents related to the property's condition and history.Timeline and Deadlines: Clearly outline deadlines for completing inspections, securing financing, and satisfying other contingencies.

@Brynn Walden congrats on your portfolio.As others have pointed out, doing a 1031 exchange into passive investments since syndications are securities, not real property.

This would be set by you, you could go the Padsplit route which is company that rents by the week and helps secure tenants, or you can find them yourself through FB marketplace or Zillow and get a lease made and take a deposit.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

For a cleared idea, I had 5 bedrooms l, each having a key code style lock for privacy and security.

am I legally allowed to keep her last months rent and security deposit?

Separately, I use apartments.com to collect rent, security deposits, bills, etc - also free for you as the landlord and the tenant.Third - to write off items for taxes, I'd check with your CPA but in general, it would be anything you spend money on with that property, including mileage going there.Best of luck!

Leveraging Susan's local market expertise, we secured the property for $90,000.