Also, if you screen them well, most of your tenants should be "good."

We are a real estate private investigative firm that locates owners, assets, background history, tenant screenings and more.

This is a pain because you have to spend more time finding another tenant, but at least your costs are covered in the meantime.

If something happens, who covers the repair costs?

Get that in order with an attorney to make sure you are legally covered to give yourself the best chance of starting out right.How's that helps!

I have made enquiries with a property management company in Tampa and they have sent me details of their charges and a copy of the agreement.I am only a small investor with 1 property currently and I have a few issues with the rental agreement (I've not committed to this or signed anything) as it seems that the agent (PM) is not responsible for non payment by the tenant, even though they charge for screening the tenant prior to contracting with them.

any property that @Engelo Rumora sells to an investor and maintains through his property management company receives a 1 year maintenance guarantee that covers all of the mechanicals of the property (water heater, plumbing etc) as well as a 1 year placement guarantee, not 2.

At first I was thinking that I would wait until I payed off my student loans to start investing, but now I'm thinking I may try and purchase some cash flowing properties to help cover my student loan payments so I can use my income to save for more.

Hey everyone, just curious if anyone has run into this before,Currently have a property under contract in Broward County, Florida, and once the 4 point was sent to the insurance company they said they do not have anyone that covers active cloth wiring.

The only thing I'm really worried about is how to screen tenants and fill vacancies since I am out of state.