.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

Should I get contradictory opinions from the thee Google search authorities above, or should I not have much personal knowledge or experience in the area of the subject, or should the correct answer be vitally important, I will contact someone with the proper education, experience, credential, to be able to render a qualified opinion.  

I take a picture of their driver's license.I ask for phone numbers that accept texts and any alternate land or business phone numbers.I ask for the names and birth dates of anyone under 18, and ask if there are any service / emotional support animals, together with their names and breeds.I also ask for personal references, previous landlord contact info (and length of time there), employer contact info (and how long there, together with earnings), as well as the name and contact information for their manager / boss.

No Personal Use: You or family members cannot live in or personally use the property.2.

Fewer still actually show-up to deliver the value in-person. 

So, things change a bit.If it is his personal home, there are more restrictions.For an investment property, if you take over his financing, read through the deed of trust (mortgage) and see how they handle transfer of ownership.

@Brice Alef-TorrisiHaving one checking account per property is an excellent way to keep your property finances separate from one another and your personal finances.

What RichDad does not tell you is that it takes a driven personality to build a portfolio and if you have that type of personality you will not enjoy a retired state.

Yea this is a long-term personal play more than a strict STR deal. 

This person (not Blake capital) was trying to bully me (wrong move).