* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfCreating an LLC in California would cost you a minimum tax of $800 every year.

You want to have control of your investment ensuring it is as profitable as can be.  

He runs twice monthly meetings, great with creative finance ideas.If this doesn't keep you busy, you can reach out and I'll give you even more suggestions.Hope this helps,Glen

I have very limited funds so I’m trying to be creative in ways to get my first rental property. 

Off-post/base BAH is usually reserved for E-5 and above which will better ensure a respectful tenant. ...if not, you’ll have their CO’s contact info.

It serves two purposes, it allows for a water proof cover for the joint & gives you a better caulked finish for the shower door frame.I also always add a 2x4 behind the joint to ensure a good solid screw anchor for the shower door framing.Tough to see but it blends in nicely & the PVC wraps around the corner on this one.

It is not easy but if you look hard and get creative it can work.

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?. 

I will definitely ensure whatever price I purchase the property at I still have room to cash flow on renting it out.