However beware he could dispute it and you could find your in small claims court.

I dont' know that I would make it a regular thing that they come to expect but it shows some good faith on your part.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Do a regular follow up with the tenant - may be conference call with owner and tenant once a yearIs it fair to ask these items added to agreement?

So in short going with that company that does such a "bang up job for 1% of the price" would result in the management company charging you more.its funny in Oregon or at least with the lease I used..  3 day notice to quit needs to be send regular mail not certified.. or posted.I sent one certified one time we get to eviction court and I had to start all over because I did not send it through regular mail.form then on I just hire an eviction service who knows the rules.. 

Add this as an item to check during our regular inspection routine2.

I'm not quitting my day job (the earliest would be 8.5 years from now to claim my pension and retirement benefits) but we will look for our 3rd source of income and take the long approach to transitioning out of corporate world.Too me, this is a Marathon, not a SprintGood Luck!

Second, I recommend hiring an electrician and a plumber to do an inspection in addition to a regular inspector.

Once the project is complete and all funds have been disbursed, it becomes a regular mortgage with the monthly payments starting one month after the project completion.Hope that helps,-Tom

It’s just like the procedure some cities have for regular rentals.