You are starting a new lease with these tenants, so basically you can charge whatever you want, including pet deposits and pet rent (assuming its legal to do that in your state), and increase in rent (again, some states limited how big of a % you can increase it).Its the balance of increasing it closer to market and protecting yourself for eventual damage by having pets in your units vs inducing a vacancy and starting over.....which can be scary but often its a good thing when you take over someone else's tenants. 

Especially in a certain place or at a certain price with very limited inventory.

@Dalton Dillon I am assuming you are buying outside of Houston City limits.

Specifically trying to understand the impact on Single Family Residential zoned in Sarasota County that was previously limited to greater than 30 day rentals and one rental within a 30 day period.

Given the roof is likely a 25+ year life, and you are likely on a 5 yr term, you should not be paying for all 25yrs of that roof.I would also want to know age of RTU, and have limits on your costs.  

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Hey Liad - Condos can pose some challenges mostly due to monthly association fees, limited control over the property, and potential for slower appreciation compared to single-family homes.

The house buying candidate is that you set yourself up to run as an independent politician who buys houses.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.