It contains the most important forms: application form, lease, ruels and regulations, lead disclosure, smoke detector and CO2 notice,  pet agreement, non standard rules (lawn and snow etc), 5 day notice and folders. 

Make sure you get all relevant documents prior to close including move in pictures, catalog, tenant applications, contact information, rental certificates, and maintenance records. 

I'm tracking mortgage applications as a 1st read.

Just wanted to say thanks to everyone at Bigger Pockets as you guys, and especially your property analysis software tools, played a huge part in getting me to this moment!

Finally after constant nagging they passed along some feedback, "Oh yeah, some potentials have mentioned the large furnace in the living room as a reason for not putting in an application".  

It can be a couple thousand bucks for a survey and an application to hundreds of thousands or more depending on the size.

Part of that application requires a signed form from the owner giving permission.

The best approach is to hire a full time onsite management team that is experienced, and capable of performing all the duties of management, home sales, managing maintenance and repairs, and the implementation of software systems and processes that will eventually have the park running like a Swiss watch.

Any kind of applicable hotel tax for short term rentals, as an example, would still impact an IRA.You should check with your plan provider and your local CPA.

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