Since we take over the properties using Subject To and Wraps, there is also monthly cash flow of roughly $500 which we split 50/50 upon selling on Lease/Option to tenant buyers.

I will be able to inspect the house myself in a few days, but out of the 4 day window and inside the 30 days allowed by the lease and TN code for discovering more damage.

Luckily, the parking spot was “leased” and they didn’t inform me so that was my way out of the contract.My next property I put under contract was a duplex.

From the seller, definitely get history, insurance, tax info, any planned special assessments, major repairs, any warranties (foundation, waterproofing, roofing, etc), a copy of all leases to review as part of a formal accepted offer, etc. 

That would make the house into 2 rent-controlled units.If it was me, I'd rent out the entire house that includes the in-law to 1 party, 1 lease, which would make the house not rent controlled.

Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at the time and dropped it to $1500 for a 12 month lease with all utilities included, she purchased a electric charging vehicle less than two months after moving in so obviously taking full advantage of all utilities included.Two months ago, she had a boyfriend stay with her and told me that it was temporary while he is looking for a new place.

Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at the time and dropped it to $1500 for a 12 month lease with all utilities included, she purchased a electric charging vehicle less than two months after moving in so obviously taking full advantage of all utilities included.Two months ago, she had a boyfriend stay with her and told me that it was temporary while he is looking for a new place.

Our business mission is to buy, sale and lease properties. 

If the 'rental lease agreement' is between the tenants and them, can I manage their properties as an agent without a brokers license?

I want to purchase a loft on Marietta St in Atlanta for $261k.