By the time I got to the closing table, instead of me bringing a check, they gave me a check.Fast forward to today, it has more than doubled from appreciation and cash flows a ton, and I was able to get a great property manager in there to handle EVERYTHING.

Q has handled it manfully, with gratitude (“it could always be worse”) and attitude.

Whatever you do, leverage smartly—DSCR loans can help you buy more without draining your cash, and depreciation will handle your tax burden for 2024.

Here is how we usually handle situations like this: if a tenant communicates with us, we usually try to work something out with the tenant. 

• How do leases typically handle furniture/appliance damage or wear?

In response to your original question, closing agents should handle private loans just like a bank loan. 

Circling back on this topic, curious on others' strategies who are having success on Booking.com concerning how you're handling payments.

Clear damage would be the vinyl window handles chipped and broken.

I am a licensed real estate agent as well, so I handle my own properties.

My attorney that handles SEC registration told me something along the lines of $1.5-2M as a minimum if I remember correctly.