I accept them and mitigate the risk by (a) screening the animals, (b) having a solid set of rules that are quickly and fairly enforced, (c) regular inspections, especially for cat units, and (d) charging a monthly pet fee.Let's say I have five single-family homes.

Your aunt does not want to agree to sell the house b/c of a partition since it will leave her daughter out on the streets.Gather the paperwork you have and speak with a reputable attorney with experience in these matters.

Quote from @Paul B.: Hello,I started a Nevada LLC with the goal of enhanced privacy.

If your CC&Rs prohibit bed and breakfasts, this could imply that any rental activity that resembles a B&B might be restricted.

Quote from @Bill B.: Don’t forget.

@James KieferRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

@Joe Derobertis @Chris B.

I am on an H1B visa and new to rental properties.

"Class B neighborhood"...

B.