Tips for Structuring a Lease Agreement

[Cody Barna]

HI Everyone,

When creating a legally binding lease agreement for smaller multi-families (2-4 units) what are some of the key points you always include? What have you found to be the most effective lease length, in addition to the amount of money you require for a security deposit and any other initial fees? Do you use a generic state specific lease such as the ones found on Biggerpockets or do you pay an attorney to create one? 

Any and all feedback would be greatly appreciated, the more insight from experienced investors the better!