On a side note: Wholesalers are probably going to be naturally skeptical towards accepting offers from any out of country buyers without a nice deposit.

Also, what's my liability if I just removed the kitchen sink doors and allow it to dry naturally and the tenant claims mold issues?

In a perfect world we could simply have a free market system without regulation, but due to the human nature of greed and total disregard for others, regulation will always be in place in any civilized society.

In thoses states that have such rquirements, I would suggest incorporating the covenants and agreements of special provisions as an addendum to the standard contract, taking care not to amend or modify any requirements in the basic contract.

As I will translate and incorporate into my contracts too. 1) Tracey what do you do if the tenant wants to have the rooms painted, just as an example, because they say it's moldy?

Do this in writing as detailed in your existing lease, since this is when you would naturally perform a rent increase.

If Tenant remains in possession of the Premises with the consent of Landlord after the natural expiration of this Agreement, a new “month-to-month†tenancy shall be created between Landlord and Tenant which shall be subject to all of the terms and conditions hereof, except that such tenancy shall be terminable upon thirty (30) days written notice served by either party."

Natural gas is up, the cost of groceries is higher every time I walk into the market.The co-pay on my insurance just went up.

I didn't want to get rich, but I didn't expect to pay every dime I make for the rest of my life for basic living because of what I perceive as a national financial disaster - obviously not just a "natural real estate cycle" - evolving from poor economic planning and oversight on the part of the politicians who have been paid by my taxes from my hard work for the last 35 years to assure my (at least basic) quality of life - for life.

This is related, in some ways, to the short-term nature of the investment.