These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.

All client deposits when to title company let them account for it all :) I have a trust account, only because some states require one, such as Pennsylvania.

Do to the state mandates that require 100% reserves in all categories, combined with the rising cost of their neighborhood insurance policy, my strong recommendation is you find out what further anticipated spikes in association dues & if any possible special assessments are looming.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

You'll have to meet higher ratio and FICO requirements. 

Hello Adam, The way I draft our contracts in Pennsylvania I include a clause that requires the tenants to carry $10k in personal property and $100k in liability.

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

Just finishing the SRT fire inspection requirement's this week. 

Or start a business which would require a lot more time than owning RE.If it were me and Dallas is appreciating, I'd probably hold onto it since you've had it since 2011.

What are your requirements?