With rates rising and prices and rents starting to go down you will see investors not buying homes especially since banks are tightening their leash on secondary homes

- I operate 20 Section 8 houses in Toledo, I have to openly say it's a Love/Hate relationship...it kind of goes against my conservative values but the money comes in like clock work and the tenants are for the most part good people and simple need a short leash for their expectations and paying their portion of the rent.

Mortgage lenders have a very short leash in this regard .. just like title companies..

Dogs of leashes roaming around and collects rent in cash and cooks her books...she kept asking the hole time on what I grade her as a landlord...I just kept saying it needs work... also the listing was 1983...bit the case it was built in 1941!!!

My goal is to eventually own a handful of multi-family properties and have them managed by someone else so that I have a very sturdy income and by the time I have children I can have all the time in the world for them.Thank you

The addendum is not free license to have any animal, but rather a specific one.The Pet addendum specifically outlines rules and regs and states specific violations such as noise, treatment, being left unattended, leashes, dog houses and anything else you need, and specific actions for violations (this is signed by tenant)Pet deposits are per animal.  

This is great as it sturdies up the property value for financing abilities.

Go for sturdy and functional rather than anything higher end.

As an investor, I've allowed people to stay in my property if they built a fence on the property (single family) and/or if it is kept leashed outside of the unit and I don't get any complaints from other tenants (multi-unit). 

The only thing that you can legally expect/demand is that the dog is "reasonably handled"; leashed (unless medically required that it NOT be leashed), nice and gets along with tenants, not threatening, vaccinated (I believe, you'll have to double check this), etc.