It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

@Kevin OBrien I'd look at what an average house is renting for that is say 2,000 sqft then see what a similar house can be purchased for and do the math on a best case scenario, that will take out most of the people who are being unrealistic unless you are in a cheap market.

Hey Bruno good questions,The way I understand it, you can't claim expenses on repairs to your primary residence until it is converted to a rental.

There is a substantial discrepancy in what he claims is owed and what I claim is owed.

The tenants claim the property hasn't been maintained which may or may not be true2.

Or you can sue in Small Claims Court without a lawyer.If you choose not to pay the increase, your landlord may try to evict you.

I often receive mails from some lenders offering rate reduction and claiming may not need appraisal, credit report or income documents.

Is the quit claim deed notarized and recorded by the county?

I wanted to do a cash out refi... and they told me I had to Quit Claim Deed out of my property name and leave it like that for 6 months before doing the refi.....I went to my local bank two blocks away and got the refi done with no problem

Maybe request a quit-claim ...