Need advice with my first rental property
Ok so to start, I want to be efficient and effective at landlording/ managing my property in Philadelphia as much as possible with minimum mistakes. However due to me reading forum post and hearing stories about tenants from hell, I have become nervous. I need my bigger pockets family help and advice on creating a great contract, what fees and deposit i should ask for, and the no(s) when screening my tenants. While I am not clueless, I believe my best bet would be to make my decision based off the advice and knowledge of long term tenants, professional, and others that are knowledgeable when it comes to landlording and managing properties.