I'm fairly new to property management, with 1 duplex, which I have been managing for a few years now.

The best thing you can do is familiarize yourself with Housing Quality Standards (HQS) and ensure your property meets them before your initial inspection.

I’m not the biggest fish in the sea but I’m doing it fairly well with 8 buildings and 31 units.

Unfortunately, relying on a "nice card" approach doesn't always ensure that tenants will vacate the property in good condition.

I know this is above and beyond what most municipalities require, but being fair will make the whole process easier.Additionally, a new landlord can reduce the 60-90-day notice by offering more moving assistance (cash and/or labor) if they move sooner rather than later.

We had a back to back booking that day so the cleaner was there at exactly check out time to ensure they could turn the place in the 4 hour gap we have. 

When it comes to experience I have facilitated my fair share of successful projects, however the point still remains that I did not complete those deals completely independently.

Work with a 1031 intermediary to ensure compliance and a smooth process.Key questions to ask yourselfWhat’s your long-term goal?

Hi @Akintunde AboabaIf you want to reduce your risk of difficult tenants, choose a province with fair landlord-tenant laws, like Alberta, and not BC.

Thanks, Victor.I have met the people in person, and it's a fairly large, established lender operating in multiple states.