Consider consulting a CPA and attorney to address tax implications, liability, and ensure proper documentation for your multifamily investment partnership.

What is their previous rental history like?

and the demand is amplified when it has a proven rental history, furnishings and a transferable or easily obtainable STR permit.

Promissory notes are transferred by endorsing the back or a document called an allonge.

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

A website like Pet Screening can help you verify and document pets to ensure they’re a good fit for your property.

Here in NY if I wrote a cash for keys agreement, it would have to be filed in specific legal places with certain documents and notarized. 

The credit score and income will help you determine if they can pay and will likely pay on timeThe landlord references, eviction history, and criminal history can help you determine how they will treat you and the property.none of it is full proof, but the more info you have the better.

Be currently employed and be able to provide 3 most recent months of past paystubs or other income documentation. 3.

He is making decent $, has a good 2.5 years of solid rental history.