SFH House Hack Tenant/Landlord Relation Questions
Hello BP Community,
I am about to begin offering on SFHs in my area for a house hack. I am looking into a 3/2 and already have 2 tenants lined up after closing. I had a few questions regarding Landlord/Tenant Relations and general house hacking questions for a SFH house hack. I am going to dump all my questions below, but feel free to answer some or all of them if possible! Thanks in advance.
1. Do I still need to require my tenants to have renters insurance. If so, how much?
2. In what cases would you suggest I require a Cosigner (I am suspecting I will need this for one of the tenants, as they are still in college and working part time)
3. What is a normal Deposit to hold amount?
4. If we are all splitting utilities, internet etc.. should they be in all of our names? Is it smarter/safer to just tack it onto the rent and put it all under my name?
5. Does a notice to enter apply to any of the property even if I own it?
More to come