If you do not, and then come to find out there is a lease or the tenant claims they had certain guarantees from the original owner (think security deposits, etc.), your only recourse will be against the seller. 

Wait a while, claim your investment income on your tax return, and start saving up.

You can unwittingly open yourself up to an elder abuse claim.

Most hobby landlords will live with tenant problems rather than face a eviction claiming the tenant problem does not justify the turnover cost.

@Zack Ladwig, the best way to convert ownership of properties to an LLC is through either a Quit Claim Deed or a Warranty Deed.

DTI lower than high 30% range3.  2X liquidityFor item 2 our banker claimed that they'd only count 25% - 50% of rental income for the "I" (denominator) in the DTI calculation.  

My problem is that I went to Clerk of Courts office and the rep that I talked to said that I cannot initiate the motion/claim as the third party winner, not even asking for the check to be made out to Tax Collector.

So far the governement has reached out to me and I sent them my claim and evidence and they have reached out to the services now called Midland Mortgage and PNC for a response to my complaint!

Hello all,My mother-in-law has two houses (one SFH, one two-family) that she owns and I'm about to take over the day to day managing of them, and I wanted to get people's advice and input regarding software for bookkeeping purposes.Through my accountant, I can get a discounted rate on Quickbooks Online Pro for $20 a month, and that's locked in for life.It looks like QBO is not geared specifically towards landlords and rental properties, but is more generic for any kind of small business, although I do see plenty of people giving it good reviews.Of course every product claims to be the best, but I'm curious to get other people's opinion on both QBO and any other software out there that they use.Thanks.

I think the demand today is real demand from qualified buyers, not demand from "signature loan" buyers who are claiming they make lots of money when they are in fact unemployed.