There were no issues while you had a good tenant - which left on good terms and stayed for 2 years (Much longer than the average length of tenancy for Toledo standards)Bad tenants do occasionally happen and unfortunately no matter how hard you pre-screen them and how far you dig into a person’s background - you can’t always avoid the inevitable . 

:-)If you're talking about hard money, short-term financing, then it can be avoided. 

Somewhat of an obvious comment, but if you do get a tenant this time of year, push/incentivize to do a 18m or even 15 month lease to avoid the cycle of having to go through the same process next Jan. 

It was my first and only property in that particular area so I will know to avoid winter time vacancy there at all costs.

Avoid the "shiny object syndrome" by narrowing down your niche as soon as possible.

I want to stay smart and objective and avoid ending up like everyone else in $500k houses with 30 yr loans but of course there are risks to what we're doing (and headaches with landlording).

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Avoid the "shiny object syndrome" by narrowing down your niche as soon as possible.

The Land Trust is something that I use with my clients to allow them to avoid the foreign filing fees.The structure looks a bit like this: “parent” Series LLC > “child/member” Series LLC > Land Trust > property/asset.