I think your lawyer is misinformed - because a tenant chooses to pay for a background check themselves without signing anything on your part, you won't be legally obligated to choose them over another applicant who has done the exact same thing.

Your goal is to lower your monthly obligation to the mortgage through the rent collected by your other tenants, and pay down your mortgage instead of someone else's that you would by renting.3) If you're a first-timer, I would suggest avoiding out of state investing.

As long as you are doing your best to fix the problem, you are legally covered and not obligated to refund anything.

Don't feel obligated to commit to coming every week; just know that we welcome everyone whenever you can join us!

Screening continues until the lease is signed and there is no obligation to offer the lease to someone whose application is accepted that will not conform to your requirements.

Ok let’s say I am buying and holding my properties and for some reason my corporation that owns such properties gets sued.

What type of loan would someone use investing under a corporation?

@Ann North If you sell and the proceeds are not enough to satisfy all obligations you will need x amount of money.

S Corp or a C Corp. but you need to consult an attorney or a CPA.

Are you aware of any new big moves from big corporations that may influence growth in certain areas?