Your favorite contractor might be busy when you make a deal, your agent might be out of town and your dog might be at the park when you need to pet the goodest boy.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Something like a no smoking or pet policy that may not have been covered previously.

You'll need roughly .90% of the monthly gross rents to be higher than your entire monthly PITI payment (prin/interest/taxes/insurance monthly) which is near impossible to do in Ventura county even if you buy extremely distressed but then FHA wont finance you (probably) due to min health and safety requirements with FHA (unless if you do a 203k FHA rehab loan but thats another discussion).The only way to combat the FHA SS rule is to put more money down which negates the benefit of 3.5% down FHA loan, find ways to decrease your monthly payment like rate buy downs, use of FHA 5/1 ARM instead of 30 year fixed, get lower insurance quotes, or to increase the rental income (either or).

In my scenario I have a w-2 job that provides health insurance for my domestic partner(soon to be wife).

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Hello Fellow Landlords,I purchased a two family residential property (vacant) that has a commercial unit on the property but complete separate (occupied by a pet grooming store).

Have a few small business part time and am full time  with a professional health care major group for 25 years.

For instance if you have 2 LLCs and both contribute to your health insurance the premium is a personal taxable income event.