It's not just about the numbers – it's about creating win-win scenarios where both parties can sleep well at night.3 principles I've learned after 4 years in real estate investing:1) Transparency builds trust. 

Congrats on becoming a landlord, welcome to the "party"!

When a tenant moves out, I want to fix the unit ASAP and rent it again; not wait for a 3rd party to review it and then tell me what they will and will not cover.

You get to rent to professionals who are less likely to trash your property, you get to charge a higher rent than long term, and you're being paid by large, 3rd party companies that are extremely unlikely to not pay rent.

This is also why two parties go to court or arbitration, they differ in their interpretation of typically very clear language in the contract and one or the other doesn’t want to honor it.

If the agent of the corporation signs the lease, do you have the actual tenant as an additional party on the lease?

Join the party!

And you would "rent" your investment property to her (arms length transaction defensible because she is a related party).

If an inspector finds the outlets aren’t up to code, the parties might negotiate a credit from the seller to address the issue, with any further repairs being the buyer’s responsibility.

Best part is I needed proximity to NYC when I purchased this property so getting in and out of the city was breeze which in turn attracted desirable tenants who also need proximity to NYC.