I also think a lot of people think hiring a manager makes something passive, but we know it doesn't.

You can mitigate almost all of the risk by just hiring an excellent property manager. 

This is a great case study on reasons to hire a property manager - it's the headache part...

Do you get an inspection and just let the potential seller say they need to wait for that to be done, or do you hire a GC to give you an estimate?

(Inspectors are generalists, so specialists are essential for plumbing and electrical issues in older homes.)Structural Concerns: If potential structural damage is spotted, hire an engineer to assess it properly.Be Diligent and Proactive: Old homes often require extra due diligence.

@Paul BogardTo rent out multiple bedrooms in Philadelphia, understand zoning regulations, consult a knowledgeable real estate agent, hire a property manager, and consider multi-unit properties, student housing, and co-living spaces.

@Allison Levinesorry to hear this is happening to you  i would: 1. hire your own attorney if you haven't already.2. see if you can find other local investors who have gone through the same thing.

Ensure your records include details of any hired help and the tasks they performed.

I hired a lawyer to handle it, and she was given proper notice. 

Many real estate brokers on BP have posted that a real estate purchaser should hire the best agent/broker in a particular market.