Some people might not like being a landlord and don't want to pay for a property manager and some people might love it.I my self love it, there's nothing like getting those checks the first week of the month :-).

I will also probably just use a property management company to play landlord (possibly http://www.hallmarkrentals.com/) I was also thinking of just living in it for a year to save money as well.

A common liability limit for rental properties is $500K in landlord's liability.

Back in 2003 I purchased a 2-family and did the landlord thing. i wasn't overly motivated due to the fact my salary was ridiculous for my age.

And you get the benefit of having 40 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.You might also locate the local landlord association meeting, great place for resources.Two Great reads, I bought both J.

Landlord pay water??

The property owner is responsible for the full amount of the lease, and all the traditional landlord responsibilities.Has anyone out there tried this before?

I would like to speak with the landlord to find out about the current tenants and to talk about the possibility of owner financing, and I would like to get some kind of application and list of previous residences from the current tenants, but the real estate agent says I can't speak directly to either of them - I'm still learning about the etiquette involved.

I am still scratching my head why any landlord would accept this.

Hi there -- Has any landlords here ever had to deal with urgent repairs while out of town?