The secret to smoother management is when you first buy a property try to update it as much as possible, so there will be less headache down the line.

@Ethan Dykstra That's great you are discovering real estate at your age.

Hi everyone,Complete newbie here who just discovered the world of BiggerPockets and real estate investing. 

On the other hand, asset protection planning is not about avoiding taxes, keeping secrets, hiding, or fraud.Asset Protection really comes down to making it as difficult as humanly possible to tie the assets to you. 

We did include in our lease renter is responsible to cover pet damages and to have carpet cleaned prior to moving out.This is my concern, renter is moving out Feb 1st, damage to patio door was discovered when showing place.

I recently discovered bigger pockets by looking for an audio book to educate myself further on the rental property market, so I can begin expanding in an educated manner.

I discovered the Bigger Pockets podcast a few months ago, and have been burning through the episodes.

Running into the newest 'hot' real estate market that already has been 'discovered' and the prices have been driven up to a point that its not longer a deal. 

We require tenants to pay for damage as it occurs or as we discover it.

Sounds like you're headed straight for a divorce by keeping it a secret.