This is a business after all.Maybe keep her on a month to month so you can increase accordingly later.

Hello, My name is Matthew I'm new to real estate investing and am currently looking to start off with a rental property to get started, having done a lot of reading and research on my end I'm still looking into getting a better understanding and more knowledge so that I can be as prepared as I can be.

Have them use a loan servicer so you don't get into future disputes on the balance, plus then the servicer can handle the escrows.

Thanks so much! 

So they permitted the room as a bedroom and do the work through a contractor for $20,000 and now they get more money today due to livable pace added verse a dining room that was not providing as much value as a rental. 

When I call the company what questions should I ask in order to know what I have to know if whether I would want to buy or wholesale (I've done neither ever) but just to get kind of a script or advice on what to say.

My security deposit is 1.5x rent, so that gets rid of a lot of tire kickers.

Hi Hayley, yes, this is an actual strategy called income hacking!

@Alex MoazeniYou are already out $8,000; I would probably call around and see what kind of deal you could get at a hotel for 10 days.

So, assuming I hire a good property manager, how much more work would I personally need to do?