NOW, I don't want to take on any previous liability, or be responsible for vacation pay, etc. so without exception, I will require the owner to release the manager, and we'll slot somebody in immediately. 

I am also interested in vacation rental investments, as we live close to the coast of Maine and New Hampshire, which is a tourist destination for many. 

Short absences, such as for a summer vacation, count as periods of use, but longer breaks, such as a one-year sabbatical, do not.

The drama with my rental in Hawaii never ends.I just found out that the tenants, who are married, are going through a marital separation right now as the lease is coming to an early end (I got them to sign a Quit & Vacate letter to terminate the lease early, a whole other story...)The lease names them both -- John and Jane Doe ("Tenant"), and they both signed the lease as Tenant.When they signed the lease, they gave me a cashiers check from the credit union, but it does not name them on the cashiers check.I know that the money came from Jane's account, as during the interview process she said she inherited a lot of money and that she would be paying me.Considering that they are probably going to be maritally separated, who do I write the security deposit refund check (less expenses) payable to?

Along with that, she believes that the manager's friends/family occupied a good portion of the rental portfolio, because they all vacated after he passed.  

Since they are on a month to month and the other prospective tenant want to move in September - do I send them a notice to vacate Aug 1st indicating the month to month is over effective on XX date? 

My lease specifically states utilities must be on and house should not be vacated along with remaining rent to be due and payable.

I am a newbie and I just don't have quite enough cash to purchase but I think it could be a potential vacation rental property with appreciation as well.  

I am a newbie and I just don't have quite enough cash to purchase but I think it could be a potential vacation rental property with appreciation as well.  

The only common area was the laundry room.After a few seasons, the HOA got on my case about renting out my home for what the CC&R's called a "vacation rental".