I simply budget 5% of incoming rent for maintenance and 5% for future capital improvements and manage the properties as time goes and as things come up.For example, when a tenant moves out, I will look at the property and determine if any rehab/upgrades make sense at that point.

I am a licensed agent in NY and working on getting licensed in PA.I'm interested in purchasing a rental property with 1 or 2 units, to rent out.Pete

I'm working on helping some clients/friends of mine get their condo rented as a medium term rental, but not getting many hits on it, only one person that never answered me back after multiple calls and texts (stay has to be 30 days or longer).  

But surely you can evict if they cause a lot of damage or don’t pay their rent, right? 

Would you rent to them again (why/not)?

My brother has lived in the home as his personal residence since, but we are now in the process of renting it out full-time using a property manager. 

Our current income sources are:W2 JobFreelanceSingle Family Home Rental (just one)We have been renting out our single-family home for about 2 years, generating $300 / month in cash flow.

I’m about to PCS to San Antonio for a year and was considering buying an investment property to live in while I’m there, then rent out after I leave.My question is this: since we’re restricted in getting fixer uppers with the VA loan (I know there are renovation loans), what are you looking for with the property?

Each bedroom is rented out individually by the previous owner on a month to month lease.

Occupied by Past Owner in one unit, the other unit is empty.I have hired a property Management company to complete eviction - Upon receiving Eviction notice, Past Owner / Tenant went to the Property Management office and insisted that she still owns the property, refused to sign a lease, and stated that she won’t pay rent for her own property.Property Management company stated that this will not be resolved without going in front of a judge and told me that it can be filed at the end of the month.How long with this process take?