The best way to approach this is from purely a business and service standpoint; I'll say it again from a service standpoint - Owners will want to approach it as a 'partnership' whereas if they have issues, then you have issues and you share the responsibility of their dilapidated property or their ill performed decisions with them BUT at the same time some will want to nickel and dime you at every turn, in an industry that operates on nickels and dimes.... so my advice is for you to approach it from purely a service standpoint, no different than that from a landscaper, or plumber, etc.

Another point is many municipalities also exclude multiple unrelated individuals from renting.

thank you for your response, it is greatly appreciated!

PA has some crazy law that if it is from an estate : borrower passed away then the auction bidder/winner is responsible for those taxes on the property which is nuts but the case

Here's why:Advantages:Predictable Cash Flow: Tenants are responsible for most of the expenses, including property taxes, insurance, and maintenance.

There are benefits to both loan types but this comes down to each individual borrower's situation and finances. 

Hi Henry,Thank you for your response.

@Amit DoshiHi Amit,Like many of the responses you see, Tampa is an appreciation market not a cash flow market.

Identify a strategy, choose a market that aligns with it, and establish your Core 4.The main challenge I observed is that individuals often lack a clear end goal or strategy, or they select a market that doesn't align with it.Your real estate agent, who plays a key role in uncovering good deals is likely to have some great connections with local property managers, contractors, and lenders.

Thanks for the responses in advance