I still continue to use another e-signature solution (can use it for other things other than lease management) but may try e-signature options for leases.

You can also do what I do and lease the home TO an operator.

Real estate is a slow game, where you don't become instantly, but its return can be beneficial in the long run.

Don't get sucked in to borderline applicants, make it as black and white as you can so you can approve or turn down with confidence. 

I'm looking in the Central Texas area at SFR, 3br 2 bath and can find good properties around the $250,000 price range.

Will try and do a cash out refinance so I can purchase another property in 2024.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

That can be hard to tell.

From what I can tell, you are required to offer a lease renewal, but you can change the terms.

Hello @Jay Moore Renting out a room can be an excellent way to bring in some extra money, but I’ve found that there are a few key steps you’ll want to follow to make the process smooth and successful. 1.