Low Risk: TDAs are insulated from market volatility, offering peace of mind.4.

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

Spacious common areas and a quiet neighborhood.I’m drawn to this tenant group because traveling nurses often make great renters—employed, responsible, and in need of temporary housing.

When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.

Make sure to call the employers.

I am just starting out and have 1 STR.Would love hear the pros/cons that you took into consideration when deciding how you want to manage your STR.Self managing STR properties, from afar, while maintaining other employment, is only a possibility because of the new technology made available in the last 10 - 15 years.  

Quote from @Aaron Zimmerman: Quote from @Bonnie Low: My current CPA came via recommendation from another investor.

File lien if you find assets. (3) File wage and bank garnishment if you have bank account number and current employer. (4) In most cases it is impossible to find current whereabouts of the tenant to serve any papers (garnishment papers)(5) We have started asking for car insurance cards to get information on the car, the only asset most tenants posses.(6) We have not been able to find new address of any of the evicted tenants.

We are both self employed so retirement is something we have both started thinking about.

If you need to stay in DC for employment than I would recommend house hacking something, although I'm not sure how far 50k will take you there.