Alternative is to put my normal policy in effect and risk being canceled if they find he place empty.  

In addition to that, I am getting the tenant's address history from their credit report to see if there is any inconsistency; I will also contact any additional landlord found this way.Now, I don't just take the contact information that the tenant applicant has given, because the professional tenant will give contact for a friend who will serve as a "favorable reference " - I insist on getting the real information for the real landlord.

Also as mentioned above, your effective return on a paid-off property is not the best use of that dead equity.Ultimately I think this comes down to your time horizon.

The more money you make, the higher your next dollar will be taxed(the federal tax rate is capped at 37% in 2018).If you are reporting income on your rental business - it would be added to your other income(W-2) and you would have an overall higher effective tax rate.

Consistency is key, you might need to mail someone 5+ times before you get a call, so if you have theoretically $600 for mailings, use $100 six times to the same addresses.

Looking for a really good dependable handyman who is not an UFO or goes MIA  that works with investors to address small jobs that come up for time to time with my rentals in the Waterbury Connecticut area.

I have a storage facility that my husband and I likely are going to be purchasing. The owners are my husband's grandparents and they are willing to work with us to make a deal that makes sense for everyone.This is the...

How does a mortgage on a investment property effect the likelihood of acquiring an additional mortgage for a primary residence. 

The difference in your bank account balance between paying a property manager 11.67% (10% of gross rents plus 20% lease fee) and managing the property yourself when buying one 20% down rental property (in Northern Colorado) over 40 years is:If you invest the difference in the stock market and could get 8%, the difference becomes:If you're saving for a second purchase, it delays when you can buy that second property which further compounds the effect of property management fees on your overall net worth.And doing the full Nomad investing model, it is pretty significant differences.I am going to write a whole book about the impact on various investing scenarios.

What has been the most effective marketing strategy for you?