Dave is signing the lease with a friend of his.

I own a 3 bedroom rental property on campus in Columbus, OH and have 3 guys signed to a 12 month lease that expires in July 2014.

That was a couple of weeks ago and now just a couple of days ago I see a Realty sign out front with bidder select with a inflated price but public records show how much the lender foreclosed on.

first time I ran into a homepath property that has a rental restriction.No renting for 1 year.It is NOT an HOA restriction, not in any sort of community.It is a multifamily zoned duplex.Listing agent said there is an addendum to sign that I can't rent for 1 year.

@Karen MargraveThank you for responding, I have been to multiple REI Associations meetings, signed up for Meetup and talked with 14 different real estate agents, even went as far as meeting with them face to face.

Do a quit claim of tenancy.Write a letter and have them sign it, we are packing our wigwam and moving on!

I can use, sell it, give it away, sell advertising space on it etc.I have been receiving the list free for a couple of months and have signed up many clients and colleagues up for the free list.

You should get more acclimated to the process and see what the financials look like once something breaks.Also consider that if you are self managing your best case is that you just signed up for a job paying $500/month.

I'm kind of skeptical of this person, and not immediately ready to sign over a judgment without a little more fidelity in his processes & capabilities.Questions for the forum:1.

just recently signed a lease on my first ever rental.