It is a matter of making sure nothing is a hazard to the tenant or to the property itself if not carefully attended to by the tenant (they don't look for water leaks etc).

So be careful relying too much on things right now.This does raise several questions too:1.

If you want manicured, tell him what you expectt.I pay a lot more than $60 a month for lawn care.

From there, you can structure a solid contract that takes care of your needs in case things do not go according to the statement of work.When I go to a new city, i usually only visit the area about 2-3 times before I bid/win a property, and then 1 a week to check up on contractors.

Be careful with borrowing funds to use as down payments.

I don't think renters will care.

@Bill Walston is the tax expert for sure.All I do are assignments, and I pay a 13% SE tax because apparently tehre are some people that refuse to buy health care...not sure how that's realated to my business..but...

Hope all works well for you and you have the proper resources in places to take care of any/all aspects with the rental!

Be careful as the price range of house you are looking for...believe it or not, thanks to Dodd-Frank, you will have more success getting a loan in the amount of $90,000 than a loan at $40,000.

i lived in apts before. never did i touch the wall with nasty fingers while putting my shoes. they know they have to leave it the way they found it. of course they would not install a new carpet, but at least take care of the brand new stuff i gave you!!