I'd strongly prefer to have a cash-less payment mechanism though, ideally a phone or a card that you can add funds to with a credit card or phone, so that tenants aren't forced to use coins or cash bills.

Household debt has hit a record high, rising to $17.69 trillion in the first quarter of 2024, with credit card debt alone averaging $6,360 per borrower, per CNBC.

Would need to use a home equity line of credit to purchase.

Additionally I get price drop update emails as well.Best of luck!

Goodmorning BP family- I have added an additional single family house to my portfolio so I am now house hacking two homes.

I was excited because the basement needed an egress window and I was viewing it as a potential additional room and house hack and future rental possibility. 

The protections are there because beat cops are not qualified to determine who is a tenant and who is a criminal.Just as LL should not provide keys without rent, security deposit, credit check, etc, tenant should not pay a dime without a lease agreement that gives them certain rights.  

@Nicholas BetancourtYes, a separate bank and separate credit and debit cards will help with tracking income and expenses and will help with tax return preparation. 

In addition, he will not allow us to access to his apartment for any repairs.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?