I’m guessing some people wouldn’t love the feel of a cold floor on their feet getting out of bed first thing in the morning?

I would listen to a podcast I did with housing economist Jay Parsons.

@Karen Seguin, it all depends on what you are trying to convey to your tenants.At minimum, any welcome letter should provide updated contact info for maintenance requests and mailing address for rent payments, and if the legal notice address is different than lease, include that.This can also be a good way to politely remind people of any general rules that you expect them to adhere to.  

For background I work in Capital Markets at a commercial real estate mortgage bank and I am a fully licensed real estate sales broker in NC.

A few interior photos of the house we're already renting.We want to improve our mgmt processes along with home improvements as needed.

Can i set up a pm company under his broker license?

I needed a consistent cash flow while still holding onto my regular full time job.

Specifically in SC, though, I would check two things - 1) see if the ATI exemption applies and actually quote the taxes for that particular property on the county tax estimator tool, and 2) get a ballpark quote from your insurance partner on the particular property.

Quote from @Emory Clayton: From what I can tell, and my personal experience, you will have to lower standards so the Section 8 applicants can qualify.I'm not a fan of Section 8 because they tend to be far more problematic than tenants that pay their own bills.

Yes, I've had to foreclose on a few in 2nd and it wasn't a problem because I was behind a conventional mortgage lender who could not act as fast as we could.