Step one is to study your state landlord tenant regulations.

What I have found when I present this Business Plan that the Government has outlined for the saavy Investor to do, is that they are married, with children and they can't imagine moving, like a person in the Military, every two years or so.

There are several ways to structure these deals, but to be in compliance with current regulations and to be very fair and clear to all parties involved, your terminology and the clauses of your agreements actually matter.

Read and learn your state landlord tenant regulations.

Another thing to consider is tenants friendly laws and regulations in CA.

Study and learn the appropriate state landlord tenant regulations if you want to do it right.Based on the circumstances you should be seriously looking to get rid of this tenant.

@Donnie N.As far as I know the https://msc.fema.gov/portal is the primary one that is used by all the insurance and government departments that I know of.

, annual government inspection costs, vacancy/turnover costs and miscellaneous maintenance consumes it over multiple years

If you have any other questions about the market and regulations, feel free to PM me.

Basically it added a ton of regulation to the financial industry.