When you are done, read them again. it is your responsibility to know the laws in which you need to be in compliance with. once you finish reading you will understand that the terms of a lease carry with the property, and are in full force and effect as though your signature was on the original lease.

And a response like "I feel like if the market has a downturn right about the time when my arm expires I’ll be facing lower rents and higher interest rates at the same time.

Thanks for the response Aaron. 

When a new/prospective landlord calls regarding one of your existing/past tenants with questions, and if it wasn't a good tenant, what's the best way to handle the responses?

I had this happen ~ sort of~but I bought it at a discount and knew I’d be on the hook for the deposits ( triplex) Basically at the closing I signed an affidavit that stated I knew after the successful closing that once I took ownership I’d be responsible for them .

@Harjeet Bhatti Thanks for the response!

At first, the thought of that much debt was pretty frightening.. responsible for two mortgages.

Excellent responses to my first post.

Just getting to the top, of the list, would love to hear thoughts and responses..

Even though it is in an LLC, you are still personally responsible for the loan.