Got a situation with a section 8 tenantSection 8 Leases are required to incorrberate HUD-52641-A as an addendum.

I have obtained control of a property by using lease options, owner finance and subject to. 

Should I use Craigslist/domu/apts.com or is using a leasing agent far more beneficial in a situation like this?

As far as expenses, I budget 8.3% for vacancy so that I have a month reserve by the end of the lease, then lower it if the tenant renews for another year.

So, instead of buying, consider controlling property with options and leases.

Alternatively, you can just have a flat "utility" charge on their lease - that's what I do in these situations.Hope this helps!

My LLC is registered via a 3rd party and my name is not anywhere on the articles of incorporation (as I am trying to keep some privacy but also have that wall between tenants).With this being said, after you transfer your LLCs from your personal name to an LLC, I understand you cannot change the terms of the existing tenants lease, however, is there some sort of short and simple communication I can give the tenants letting them know that the home has transferred ownership and that their lease agreement held up and house under XYZ LLC? 

Finally, when we found a tenant; we had to reduce the rent.I think you should use a listing service or PM company to get your property lease.

After I owned the property (or better said, after my business owened the property) and we had it leased out, I had a lot of my own money into the properties so I offered second position notes (promissory notes) performing at 11-12% for 4 years on some of these properties to pull out our some of own money out of the properties.

My leases spell out cleaning and paint rates.