Consistency and follow up is key.

Specifically, anything indicating that the lease is completed and both sides have no claims or issues with each other.There's no "standard" agreement that I'm aware of, but we've done a bilateral "Termination of Rental Agreement" when we wanted to document that a tenant has officially moved out, that there are no outstanding funds owed, and that there are no claims or issues.These agreements are particularly useful when doing "cash for keys" with a tenant.I would keep it simple: State in the document exactly what you want to establish as facts, and then run it by an attorney for good measure.I'd also recommend requiring the tenant's signature be notarized.

Second, be patient and start slow in areas that you know-no out-of-state investing.

Although no renovations were necessary, our team’s ability to quickly assess the property’s value and potential for immediate resale was key.

I'm looking to get into the medium-term rental space and I've found a property that fits all my criteria - it's a turn-key 3 bed 1 bath (one bedroom is on the smaller side so I plan to make this more of an office space), located just a 5 minute walk to the largest hospital in the area.I have 2 bedrooms and I was wondering if it's possible/viable to rent out my unit by the room to travel nurses?

If your market allows, you can bill back the water top each resident based on either square footage or number of beds.The key is to set up on the front endGood luckGino

How much is the average turn key single family home/duplex in Jackson, MS C+/B- areas?

One suggestion would be to offer the seller a chunk of cash extra to offer the tenants a keys for cash option.

When I typed insurance as a key work it only took me to buy insurance.

I know I have risk aversion so knowledge is one key to that obstacle.