If you want to be hands off, it's better to do a rental.

Hi,I have a rental property that I bought in 2018 in Indiana.

This is not related to rental property.

First, for a rental, should we just go with very basic cabinetry, perhaps from IKEA or is there anything particular we should watch out for or look to get?

Can the time you spend learning about Rental Property count as managing your rental property?

I have a rental property out of state and will be renovating after the tenant vacates this year.

Purchase price: $49,000 Cash invested: $3,000 We purchased 5 acres with no deed restrictions or HOA and continue to build out rentals/lots on the property.

MTR is great, but there will be long "orphan" periods in between bookings, which leads to lost revenue.My advice, stick to areas that are more STR friendly and blend the rental strategy for maximum income.

This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying  up his property with a “buyer” who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) “listing” with a wholesaler disguised as a Realtor who doesn’t put the home on MLS. 

It is also beneficial to have the tenant show proof of such insurance coverage within X days of the date of signature of the Rental Agreement. 2.