The biggest thing I can think of prior to going into rentals is to have an attorney review a lease to ensure that all applicable laws and regulations are followed to protect you when you do have tenants.

Should I lien the property that I am buying to protect my lender or leave it free and clear of liens.

There is another "homeowners protection act part II."

Hi All:Here is the scenario:Purchased SFR rental properties 1 year ago for cashProperties held in an LLC for asset protection purposesBank said need 1 year seasoning on properties to finance, so far so goodThen bank says: can't refi while in LLC, must be in personal nameI agree to move properties out of LLCBank says: Since there is a title transfer, you need to hold in your name for 6 months before we can financeI say: What?!!

The original intent was to protect my assets by putting the properties in an LLC.

PILE UP CASH IN INFLATION PROTECTED EASILY LIQUIDATED ASSETS if you want to have the time of your life as an investor in a few years.

DC has very strong tenant protection laws so it could potentially take years for the existing tenants to move out on their own (at which time you could convert that unit to market rent for the next tenant).I would NOT count on eviction as a strategy.

Protecting Tenants at Foreclosure Act of 2009 has provisions requiring notice of 90 days before starting an eviction for the initial successor in interest to the property.

$100/m going toward balance- can do only cosmetic work during lease period.I need some advice on a counter proposal and also some terms I should include to better protect me from being accused of 'violating the lease' and taking my deposit.

The CFPB was created in 2011 under Dodd Frank and it is an independent federal agency that holds primary responsibility for regulating consumer protection with regard to financial products and services.