Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Have your attorney draft a letter to them stating any damage will be deducted from their security deposit and if there are cost overruns, you have authorized your attorney to file suit against them.

I just learned a little about the concept of Self-Directed IRA's from our local Meetup last month.

Go ahead and direct message me your email or phone number.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Some of the ways to find properties include but not limited to:1) You can add loopnet to your list as a source as sometimes smaller multi-families are listed there as well. 2) Direct mailing campaigns to the owners3) Networking at local REI groups4) Through wholesalers but they mostly concentrate on SFH5) Partnering up with someone who has access to properties but no funding (if you can offer funding)

Also, security deposits.

As long as they are doing the job as directed by higher ups, they get to keep their jobs.

View report*This link comes directly from our calculators, based on information input by the member who posted.

So your job is important, but your ability to pay is going to be based on your personal bank statement deposits..