Over preparation does exist ... sometimes the best preparation you can do after a while is execute !

Use this to gain experience as to what you can do next time to avoid this, either on the tenant screening end or on the preparing the unit.

I think it's great for helping someone prepare for taking the journey, whatever direction you decide to go in real estate.

I had to hire a meth remediation company to go in and test for and remove any sign of contamination. 

Always prepare for the worst and you'll always be happy with the outcome.

You won't spend any of that money in the first years but you need to set it aside or be prepared to take it out of your pocket.

Plus all of my properties easily cash flow and have great top shelf tenants, but that was attributable to really good timing, property and property management selections, and ignoring the strategy Du Jour in favor of time tested hard solid analysis and sage advice (Buffet/Munger). 

no one has tested a 30 day non renewal eviction yet here in town that i am aware of. 

I always warn new STR investors to be prepared to constantly reinvest some of your profits into your house in order to keep it in tiptop shape.

My husband (a civil engineer) and I are preparing for our first deal and hope to grab it in 6mo-1yr.