But you pick a random 100 renters with a 700 or higher score and a random 100 renters with below a 500 score and you'll get a 2 to 1 or better ratio with on-time rent payments in the former group.

Maintaining good relationships with a handful of contractors and using technology like digital answering services (Google Voice), rent collection web sites, etc give us the right balance of knowing what is happening to our properties but minimizing the disruption to all of our full-time jobs.For us, there are two critical periods: one is during the renovation phase, especially if tenants are in the property.

Next form a LLC at the Sec of States office cheap to DIY and maintain it.

According to your first post, there's a "gap in a doorway" allowing pests inside, her a/c bill was jacked up because you "took too long" to fix the a/c, and you do a poor job of maintaining the property, because she's forced to look at an "eyesore" tree stump in the yard.

Dogs are not allowed to freely roam neighborhood.d.Tenants must keep yard/parking area free of waste.e.Tenants must furnish a copy of the pet's license, shot record, and veterinarian information.f.Pets must not bite, brings in pests or dead animals, threaten, act aggressively, attack, harass, dig or causes significant damage, or other negative behavior towards person, animal or property.g.Tenants are responsible for damage/injuries, to person or property, from their pets inside and outside their Unit.h.Tenants MUST maintain renter’s insurance and arrange for Landlord to maintain payments to avoid cancellation.i.Dogs on “aggressive” list of most insurance companies are not permitted, including (but not limited to) Rottweilers, German Shepherds, Doberman Pincers, Chows, Huskies, Mastiffs, Malamutes, Akitas, Bulldogs, Bull Terriers, Pit Bulls or any breed normally over 15 pounds as an adult.j.Tenants owning pets – legal or illegal – are responsible for all pest control in their Unit and will pay a $95 nonrefundable charge along with this pet addendum to cover additional repairs/cleaning at end of lease period.k.TENANTS ARE NOT PERMITTED TO “ANIMAL SIT” AT ANY TIME.l.Trained, certified service animals for the disabled will be permitted, as per law, provided note from proper medical authorities are furnished to prove necessity.m.Tenants must furnish picture and description & name of each pet upon acceptance:PET ONE Breed: _____________ Name: _____________ NOTES: ______________________________PET TWO Breed: _____________ Name: _____________ NOTES: ______________________________n.Acceptance of any pet upon move in does not constitute acceptance of any other pet acquired later.o.The cost per pet is $19/month per cat or dog.

You also have to maintain all the necessary paperwork and minutes for each LLC.

Just the opposite, it requires them to maintain the place.

I do not have the time to be a full time real estate flipper, investor, etc.

I maintain vacation homes in ST George UT, Casa Grande AZ, cancun MX and next month Fortuna CA.

Moreau :DIn reality I think solar has a ways to go before it will work, the problem isn't the short term economics, it's that it has to be maintained regularly (cleaned, repaired, ect), the long term benefits may not be all roses.That said I know some areas are giving major tax credits + subsidies/financing for green energy, so if you live in one of those it may well be worth it: But all I know is my area of the world will never have such a program, as we have rain 260 days out of the year :DOh and it seems to me the LEAST legally murky method of gaining income from energy production would be to cover electric utility cost as part of your rental agreement and raise their rent by the average electric bill.