You could also put in some language where you tell them that it can be repaired by a insured and licenced contractor who you agree to.If you want some info on the parts we use in rentals check out my blog.

Do they have different licences?  

Hi Cintia, I'm not from the Jacksonville area, but I felt I got a great start on my licencing education starting online.

Agree to only use licenced contractors not directly or indirectly related.The only exception, assuming you can agree, would be to use only those relatives willing to do work for free.My wife does not charge me for her design input on our house flips. 

The real estate licence can be revoked if they break the law and/or violate the code of ethics. 

Multi family is good so are MHP  4. hook up with an Excellent HML who places funds for individuals you can make 9 to 12% pretty easy with no tenant issues.get some education either free on line or pay for it but get quality education so you understand the in's and outs... most of the on line stuff and pod casts are just glossing over concepts many of which may or may not work in your market.also get a RE licence this will give you basics and expose you to those in the industry.. especially the commercial space

@Sam Leon Property Taxes & Landlord licence fees (where applicable) are part of your operating expenses and as such are included in the derivation of Net Operating Income (NOI).I suspect @Doug McLeod was referring to income taxes - levied on your CFBT - in his post above.You should be alright.

I am also recently applied for my RE agent licence to essentially practice buy/sell/rental for not only myself, but other investors with the same passion. 

Let us know how we can help I also am a licence realtor here. 

(And founding an LLC can be done online in 20 minutes, if you have an Estonian ID card and an Estonian bank account.)Also, there is no real estate licence system so everybody can start as a RE agent if they want.- Local RE market is still recovering from RE bubble in 2005 - 2007.