I will screen and background them as I do all new tenants but looking for some advice as to whether it is advisable to add a non-financially responsible tenant to the lease.

I understand there are many requirements for the property and I would be extremely strategic in the property and screening tenants. 

We are on the minimum plan with four rentals and don't see the value in paying $180 a year to collect rents, payout rents more than a week later, and screen tenants when we have turnover. 

Most of my screening comes from gumshoing social media, web court searches and following up on references.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

If you have strong screening criteria, someone who is qualified should be just fine.

I have heard on the street from others that syndicate multifamily there is a blood bath coming and in process.

The key is tenant screening. 

And as my target tenants are traveling and may not always have access to a larger computer screen that is something I will look into prior to the next tenant.Good luck, and thank you so much for the information.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.