It does require some time for classes and preparing for the exam in my already busy schedule (director in corporate America and father of 3 boys).  

But first and foremost I spent +23 years in corporate America in senior management roles providing logistics services to Fortune 500 companies globally.

Telling a person that they should just utilize insurance instead of incorporating?

I do regret asking the questions the way I did without thinking too much of it because the tenant seemed very focused and motivated to rent the property, I thought it wouldn't be a big deal but boy was I wrong, people are very unique.I will definetly incorporate Sue's question into my applications in the future.

Our lawyer already had a lease incorporating lessons they have learned from 25 years in the local market, plus we were able to provide input to add a few things we wanted in there.

Just a thought, though - would it behoove you somehow to refinance your mortgage and incorporate the second mortgage into it?  

One knows the construction of buildings.An appraiser may incorporate an inspection report in his findings, but I never saw an appraiser in a business suit crawl under a crawlspace in a house.Maybe things like that were happening during the insane bubble, but I'd bet they went back to their more conservative ways.  

If you allow your tenants to write whatever they want on the checklist, do you also agree to incorporate their findings as part of the move-in condition of the house?

So yes draft addendum incorporating the rent raise  and any other addendums you feel are needed.

How do you incorporate late fees on M2M leases?