For example, collecting three months of rent upfront helped you avoid missed rent, but even that could have backfired if they missed more than three payments.

When leases are not renewed, there is usually a good reason (ie bad tenant). 

Even more are evicted informally.My company manages 400 rentals, and we evict less than 1% per year.How do you measure up?

Retail tenants filled nearly 13 million square feet, marking an 80% increase from the first quarter and the 14th consecutive quarter where more space was filled than vacated.

You can usually find some events by doing a simple google search.

Hello, I live in one unit of duplex and rent the other for more than 2 years of last 5 years.

I was going to stay a couple nights with my family there over fall break and the nightly rates seem really crazy, between $300 and $900 for a typical rental house.

Don't be so naive. 1) There is a reason that the sellers don't want you to get an inspection - THERE ALWAYS IS. 2) Your Realtor's opinion is less than worthless, I would be very suspicious of him. 3) Get an inspection..

The price of the property is also very low and is only asking for the value of the front house alone and I believe the front house is worth more than what they are asking.

The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.