Steps to take right after closing on a Rental Property?

[Eric DeVito]

Hello all, going to look at a 2 family property that I am very interested in. Just curious, once closing on a property what are some important steps or tasks that should be completed asap? I just want to be ready/prepared before I finally do find a property and close. I have been doing a ton of research, but still feel I do not know much and I am a bit nervous about pulling the trigger on a property.

[Al Williamson]

I'll add to the list.

1 - install a lock box with the master key inside. This will save you heart ache from lock outs.

2 - know your lease inside and out, then enforce it.

3 - check for leaks under every sink.