So, I am truly coming into this blind... but excited and optimistic and ready for a new challenge/adventure!

Challenges?

So choose wisely and good luck I like the passive nature myself of boat and RV storage.

If there is any kind of damage to the house because of a natural cause if you approach the insurance company without a landlord's insurance they will outright deny your claim.If you have a mortgage the bank will insist that you have landlord insuranceTenant has renter's insurance.

Managing a property can be incredibly rewarding, but it does come with its fair share of challenges—especially with the recent shifts in Rhode Island legislation.In 2024 alone, 39 bills were introduced, and seven significant ones passed, including extended rental terms, mandatory fee disclosures, and other updates that every landlord should have on their radar.

I don’t necessarily love working with numbers,  but I realize it’s the nature of the beast.   

Weekdays are particularly challenging.

Quantifying it is more challenging. 

Hi @Jacob Dalton,Thanks for sharing your situation—it’s clear you’ve put a lot of thought into this decision, and I can understand why you’re concerned given the challenges of being a landlord in Cook County.Screening tenants is definitely a key step, but I agree it’s not foolproof.

I wasted too much time trying to piece it all together and when you're in different states it's all the more challenging to make sure everything is legit.