Seems like cancer patients and transplant patients want MTR...may not want to stay in hotels...may want someplace pet and family friendly and want a host with a heart that can shorten their stay---Say YEAH....or extend it, without paying big penalties.....and these are people often networking with other patients and families who may be your clients too. 

Hello,I am getting all my property management documents and software in order before I buy my first rental property so that when I buy it will be a smooth transition, Beside the lease and application, what other documents should I have in my files so that i am prepared (pet agreement, inspection checklist etc.) .

Where the tenant puts his info out there and what he's looking for, # of pets, what he can afford,  etc. 

For room rentals, do you allow pets?

He did mention in his Ad “ no pet”. 

Am I crazy to let someone with 6 pets (4 are cats) rent this house?

So, you need to be prepared.Potential expenses to consider:Food, shelter, taxes, income taxes, fees, insurance, health insurance, medical emergencies, family, auto payments, auto insurance, utilities, cell phone, Internet, clothes, and pet care (if you have one).

They are one of the best types of real estate investment because there are no toilets,water or pets.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.