I am posting listings for my MTR duplex on Furnished Finders and other sites and am wondering if anyone has a template they use for their House Rules/Policies/Procedures?

What procedures are in place for the common areas of the house?

I can recommend services and procedures that we use but I'm sure I can learn from others and make improvements!!

As opposed to it being a depressed area per se (such as gangs or meth/heroin addiction being the main contributor).There also measures to take against the party population, beyond regular due diligence in tenant screening, such as using parents as guarantors or renting only to upperclassmen and post-grads.I think it's also important to note that ECU has medical and dental schools, a top rated graduate program, and the ECU Health Medical Center, including a main hospital, emergency department, and children's hospitals.

Of course not, you go there for a specific expertise, your teeth are cared for, and you pay your bill.The GP side of the partnership carries with it a large overhead in terms of knowledge, money, time and effort.In a similar way a Dental practice carries this load.You want your Dentist to be best at caring for YOU, the same as you want you GP to be best at caring for YOU and the investment as a whole.If you believe the GP needs to payout of pocket for LP shares along side other LP investors, you may find deals like that out there.Just make sure the Dentist is a good one.Good Luck!

:) A good agent will meet up with you for a few hours, and along with educating you on the entire buying process (financing, contracts, inspections, what to expect in negotiations, etc) they will also be able to guide you by running comps and telling you if the home is priced well, as well as discovering any issues preventing the property from selling (liens, disputes)...Not sure about CA and AZ, But I have a buddy who renovated his dental office without pulling permits, and when the city found out, they made him literally gut it and redo it with permits.I would urge you having some conversations with agents in your area. interview a couple, and they should guide you in the right direction.

IF they fail, you'll hire an attorney to evict and come after them for every dime.An even better idea is to not negotiate at all and just hire the attorney to go after them.An even better idea is to have policies and procedures in place that prevent you from letting them get this far behind.

Title requirements have changed, settlement procedures have changed, try that old double closing using the other guy's money. 

Even if pipes freeze, damage will be minimized as no water will flow from meter to flood house.We call this a preWinterization Procedure and do it even if heat is kept on.

@Brady D'Hont  I see many investors focus singularly on payment agreements, but the payment terms should be incorporated into a broader agreement that covers insurance, independent contractor status, scope of work, indemnification, parties to the agreement and notice procedures to name a few.