No maintenance unless it's absolutely necessary and I make sure to charge the tenant if they are in any way responsible. 

Thank you for your rude and unhelpful response, Jaron. 

@Mark F Thanks for the detailed response! 

Thanks to all of you for your response to my post. 

Even if one tenant is responsible for rent payments, the others will live there and impact your liability as a landlord.Accountability:Requiring all adults to apply and sign the lease holds everyone legally responsible for the terms.

Thank you all for your comments.I read all comments and I appreciate the feedback.I will comment on a few of the posts in my response below.Here are a few things I'd like to mention...Patrick was a valued member of our Multi-unit Acquisition Program (MAP).As a member, we determine one's purchasing power and diligently search for deals that meet their criteria and purchasing power.In real estate, there are a lot of moving pieces.

@Angel Mora did you ever get a response from anyone?

For longer stays, you can set expectations in your listing by clarifying that guests are responsible for restocking once the provided items are used up.

It was in response to a potential emergency situation (ex: a water heater in one of my units was leaking and they paid a little over $2,000 for replacement).

A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat.