Treat all applicants the same to stay compliant and avoid legal risk.✔ Trust Your Screening Process – If they refuse all verification methods, consider it a dealbreaker.

Give your state's 'cure' term ("In New Jersey, a tenant has three business days to pay rent and court costs after a judgment of possession is issued to avoid eviction.

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Depending on how close I was to having 20% equity in the property and being able to avoid PMI, I’d consider using some of my cash to pay down the mortgage when I refinanced.

Thank you I’ll probably do 5% down so I can avoid the PMI.     

He will however be the first to counsel others to avoid anyone found to be unscrupulous after ALL of the facts come out and that usually takes time. 

I think Brandon Turner said it in a podcast, but you could ask for contact info for the last two landlords to avoid the problem you described.

I understand I can't completely avoid problematic renters.

Just have a few questions before we get to deep into the process:What are some common mistakes that can easily be avoided?

-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband.