Also, in some states, an attorney or title company must conduct the closing and draw up the deed.

Below are the basic criteria I would need:1) enough money to comfortabley live for about 8 to 12 months doing nothing at all.2) enough money IN ADDITION to number 1 and access to enough credit to persue enough and sufficiently large deals to generate at least what I NEED and enough more to conduct more deals and acquire rentals along the way.3) I would need to have completed about 3, maybe 4 deals successfuly and with sufficient profit to prove to myself it is possible and that I can do it.4) Not necessary, but ideally I would already have 3 or 4 rental propeties with good cash flow just to add some (relative) stability.

And they will conduct it.

Plain And Simple lack of understanding of how to conduct business in real estate. 

If you are really worried about it and want to put something on paper I think a "code of conduct" clause or something similar for both units would be fine where you stipulate quite hours, stomping, etc, but at the end of the day people are used to living with shared walls and buildings, and sound is something that comes with those living situations. 

Tenant screening is a vital and intricate part of this process, and in this informative blog post, I'll share valuable insights into how I, as a seasoned and dedicated property manager, assist landlords in conducting thorough and effective tenant screening.Thorough Application Process:The initial step in the tenant screening process involves the creation of a comprehensive rental application.

My complete analysis included conducting a comprehensive rental comparison study, it became evident that the combined rental income from all three units had the potential to reach $3,500 per month.

In my experience, even with tenant-occupied properties, we always prioritized conducting thorough inspections.

Market Assessment:Discover the comprehensive and strategic approach taken by the property manager in conducting market assessment.

You will need to fill out a Foreign Registration/Foreign Entity Form to conduct legal business in other states.If you will like more information, feel free to shoot me a direct message!