OTOH, there are a few professional clients that hire contractors with the intention of getting one over on you.

I once had a perspective tenant apply looking professional and nice, while on social media we could see what type of lifestyle he led (non stop partying and drugs)   You need to be careful why you say no, but finding red flags can sure help narrow down the search. 

1) Make sure water pipes are in good shape inside and outside on the property.2) Have a good electrician handy that can add lights and reroute wires/switches.3) Concrete > Asphalt Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I had a technician come out to diagnose the furnace - the diagnosis was that there was no electrical power going to the equipment.

Sounds like you got some "professional renters" on your hands and that's never good..

Rental income is shown on sch.E which is not subject to social security taxes (like FICA) but all the other taxes.When you're renting property vs owning, you can't depreciate it but your rent payments are totally tax deductible (vs only interest on mortgage is).Insurance: you'll have to get Tenant or renter insurance which protects the property and your liability if someone slips and falls, set building on fire etc. this is not your professional insurance - just regular insurance you have for your home.I don't see how kind of entity will affect the taxes: if it's just you the owner, LLC will be disregarded entity and shown on your own taxes, only on different schedules.

None Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

None Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?