I also got slightly higher rent than I planned for, and the loan I structured with a private lender was a flat interest regardless of time up to a year, with zero payments until 12 months. 

I owned and will continue to own tenant search and screening, home upgrades, maintenance, lease writing, local permitting, and other administrative functions.The property has been repainted, some light fixtures are updated, keyless locks installed, blinds replaced, and granite countertops installed.

Three things to remember when renting your property: Screen, Screen and Screen again.  

Good afternoon, BP.I'm currently doing research on how to screen applicants, particularly those who are self-employed.

For instance, there's many middle-middlemen who want to give a flat $10k per deal to basically steal you from your deal. 

When I was selling my old house and buying my new property in the Paradise Developments community, I used a realtor and asked her all those screening questions before signing any documents.

Specifically will need contractor(s) who have expertise with (in no particular order):-Chimney repair-Drywall repair/replace (two patches on stairs)-Flat roof repair-Plumbing - complete replacement-Update/Clean Up Electrical-Washer/Dryer hookup installation (basement)-Replace both water heaters-Baseboard installation in attic (to make into a legal 3rd bedroom)-Structural corrections to exterior stairs leading to 2nd unit-Structural corrections to front porchI've received a quote from a GC, but want to interview a few other contractors.Thanks,Bret

That can mean multi million dollar homes, condos or multi's renting for 5 figures on the north side or 25K 2-flats on the south side renting for 3 figures or section 8.

Who can also negotiate investor deals for you, who know the rental market, can project manage rehabs and/or make-ready's, can screen tenants, and can refer you to trusted PMs.This is a very over-generalized statement I'm about to make, but it makes the point.

@Michael Maltais tenant screening is vitally important.