Subsequent steps include credit assessment and, upon agreement of terms, submission for underwriting.

I would look at the ROE differences between what you can make now by selling, including the yield on that lump sum if reinvested in the current market conditions, versus what the property will be worth at a point in the future (5 years, 10 years, etc).

Hey Sheila, We would screen everyone 18 and older so that would include the wife. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Includes new flooring, paint, kitchen, HVAC, siding and cosmetic updates.

There are a few rules that come into play for short term rentals, including a time test, and a substantial services test. 

Inexpensive, intuitive, and has a lot of good features, including the late fee penalty.

All of my rentals fall in the 1% to 1.5% rule, including a newly built 8 unit complex in Barboursville, WV.