Hello BP,We just recently got an offer accepted on a house here in Anchorage, Alaska. The selling agent was quick and forthcoming with a previously completed home inspection from just 13 days prior. The way I figure i...

Initial impressions are key, as well as great follow-through.)Your documents, rental agreement, and property rules (These need to comply with the laws of your jurisdiction, professionally presented, and be top notch to serve both you and your tenant well.)Good Luck!

You may have something written in the loan documents about the minimum ratio (ie. debt service coverage ratio, times interest earned, etc) that you need to meet in order to comply with their terms, so make sure you have the line items in your financial reports needed to calculate them.

Due to the high cost to renovate a building to comply with laws, you might end up in a similar situation as my dad: with a property that cash flows at a ridiculous percentage, with tenants who have lots of incentives to stay put.

Often times, a structure will require elevation to comply with the Base Flood Elevation.

Turnovers are costly.It's important with tenant selection to establish clear rental criteria from the beginning that complies with all applicable laws for the jurisdiction of the rental location.

e.g, ADU's are not restricted on SF lots and no restrictions to convert up to a triplex (except for the added cost of complying with IBC codes on triplex conversions)? 

Now he says he will comply with renter's insurance requirement.

It says it has to be comply with HUD Guidelines 24 CRF 206.125

Many states have limits on security deposit, so any deposit charged would have to comply.