If this is the case, then do an inspection to verify it is vacant and in good condition prior to any money changing hands.Make sure the security deposits and prorated rents are transferred to you.

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.

If anything, charge extra for anyone paying by check or money order in the office to compensate for the additional work it takes to manually deposit those funds.

The sad thing about the 8% vacancy allocation being a high reserve I would normally agree, but I have every bit matched or exceeded that on these duplexes so far.

Checks/Deposits/Crypto?

Have your  banker state on bank letterhead that you have in excess of X amount on deposit and available for immediate withdrawl.

If notification by mail is used, the 14-day period shall be deemed to start on the day the notices are deposited in the United States mail.Subd. 2.Landlord's punitive damages.

If you change the vesting to LLC without permission the lender has the right to call the loan, your fire/hazard insurance won't match, and is considered a sale so property taxes adjust up.

Upon final walk through found out 1 tenant was applying for rental assistance, this tenant never had a security deposit but the question is not about that tenant.The other tenant supposedly had a $1,000 security deposit.

He never collected any security deposit from that person smh.