But I have the tenant pay the broker fee & in my lease I ask them within 90 days if they want to stay for another year and give them 15 days to respond so I have 75 days to rent out the property to avoid vacancy.4.

Look into local rental demand—perhaps that area can support a short-term or mid-term rental strategy instead of a standard yearly lease, which might boost your income.

Make sure you have a solid lease, your tenant knows your expectations, how are you going to screen them, etc.

Tenants in lower Classes will have lower credit scores, which means higher chance of defaulting on their lease payments.

I am planning on not resigning my lease and starting of my RE venture.

Once those are done(by Spring time) I am going to save up $$ to lease/buy a bigger warehouse.

It's the one-year required management agreement at 10% that can get you (although you can re-up the following year at a discount if you pay the entire year at once).What you definitely need to avoid is leasing through them, should your property become vacant.

We are currently buying blend and extends with tenants having low years remaining on the guaranteed primary lease term.Closed on one last month at 11 cap rate.

The plan is to put the rentals in SCH E of our joint return and file with TurboTax-We live in Florida-Leases under my wife's name, Airbnb app under my name, dedicated bank account for all rentals activity in the name of both-We have umbrella policy for liability protection for the rentals-We leverage some contractors (for example cleaning lady for the Airbnbs or lawn maintenance guy) that we pay >$600 for their services in a year and they are not our employees.

How long to lease up and how has occupancy been?