I would do the following, at a minimum:-request that he complete your rental application (hopefully you have a thorough application),-request identification documents (government-issued),-require that he provide you with proof of his visa status and the authorized length of stay,-verify his employment, income, and financial stability, and-contact his previous landlords for references.If he cannot satisfy these application requirements, do not approve.

The house is easily worth $305,000 and rents would be about $2,200 so at $220,000 it would be a great rental to add to our portfolio BUT, the contract says the buyer has to lease back to the original owner for 30 days and it will be sold sight unseen.

When any calculator or spreadsheet is oriented toward only one outcome (rental for instance) you have what is called "confirmation bias".

I am in escrow on my first out-of-state rental property in northern Texas and the next step in the process is to get landlord insurance.

I currently own 1 rental property with no mortgage and am looking to learn how to get my second deal. 

The market in Tampa for rentals is hot right now.

Just make sure there isn't a clause against partial rental and you will be good.

Same with a rental , tenants have to wait till its either fixed or replaced .

So just be sure that this doesn't qualify as offering significant services which would change you tax filing status.Usually if you refer a guest to a boat rental place or whatever and get nothing, it isn't an issue, but sometimes when offer the ability to book something like a chef, it can be construed as significant service offering.Double check with your tax pro just to be sure.

Looking for a remote investment rental in the Tampa, Clearwater and St.