A tenant who fails to maintain a rental property could end up costing you more in property damage and court fees than the amount of rent they're paying you upfront. 

Do you think marketing is great for any property management and do you have someone who handle it for you?

New to all of this and I am looking in to buying a duplex in the Portland area as my first rental property.

Hi @Manthan Patel, congrats on taking the right steps towards getting your first property.

If this is an STR, DSCR lenders will require that you have booked the property on an STR site for 12 months or have 12 months of prior experience with a different property.

Did the property that had new cabinets sell for 25K more or no?

Thirdstone Properties.

You put a down payment on the property.

I already have an eye on a property.

I saw a prior post where you mentioned having a STR in Texas.you want to have a conversation with your accountant to see if it can be treated as an active property instead of passive.If it can be, then there is a potential opportunity to offset the losses against other forms of income such as wages, interest and dividends.