I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I will have the renter sign and make copies of and provide them a copy.- I have the statement of condition that I will have the renter sign and make copies of and provide them a copy.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

This helps in identifying all possible tax deductions and credits, potentially saving you money.5.

Keeping it as simple as I can for the first one.For sure, hope all goes well for you!

My question is with all of the apps and technology these days, is it worth trying to manage this property on my own?

We work with both of those companies and others like them all the time.

Yes, this can be done and people do it all the time, especially now.

All thoughts, suggestions, feedback and shared experiences are welcomed.

Hi All,I'm a new member in Silver Spring, MD, who read Rich Dad, Poor Dad, and realized I don't have to be living paycheck to paycheck forever!

I have an assumption specialist I push all of my assumption deals through, I wouldn't do it without them.

I think it would be wise to consider starting a new non-broker MD business and keep it separate from your FL Broker Business.Make it clear that you're not licensed in MD and cite the exception for property management in all documents.Get County specific MD lease agreements and property management agreements.Find an experienced MD attorney if you need any additional help