No maintenance/cap ex, vacancy, PM, book keeping, asset protection, miscellaneous, etc.his actual cash flow when properly allocating for sustained expenses is a fraction of his advertised cash flow.  

Family immigrated to the US 1 month back. 3 children have found jobs at a nearly plant and the father will try to find a job.

Requiring occupant to have renters insurance is another possibility for extra protection.

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.

This is primarily what makes their work product substantially lacking in correct English grammar, legal protections, timely professionalism and many other ways any Securities Attorney will point out to investors.

Short term tenants are not protected by the the eviction ban.  

I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

they perform a service and are compensated.not trying to be critical, just trying to protect you as you get started.

Before this law, however, I only accepted applicants with "garnishable" income to help protect the landlord in the event we ended up with a defaulting tenant.

Also assuming your practice is going well, consider talking to asset protection attorneys.