I learned to ask around for good contractors and request at least a few different quotes from the suggestions.

As far as purchases, it has become my #1 request on secondary homes for my clients.In Hillsborough county (the county Tampa is in), you cannot do short term leases (under 30 days).

@Mario Casarez hey Mario - your HELOC might take 45 days to get processed up front, but once its set up you should be able to request immediate draws at any time.

When the lender orders the appraisal, they'll request an additional form from the appraiser, which is the market rent analysis.

How would you handle maintenance request?

I would also request Estoppel agreements from the current tenants to verify that the $550/month lease amounts are accurate.Aside for the numbers, it seems like a good owner occupied 4-plex to get into, but I wouldn't bank on pocketing the difference between the rental income and the $810/month.

What are the best terms and rates I should request when I speak to a hard money lender?

Criteria that I’m hoping for are:- preferably no cost to landlord for subscription - rent collection possible (and preferably at no added cost to tenant - some have a 2.5% fee even for direct deposit)- maintenance requests - document storage (lease, receipts etc) Any feedback welcome!

Either way, you want to change locks after divorce if the tenant requests it.

You also have a right to request copies of vaccination, registration records and verify the ESA document is legitimate.