It has 18 lots, all of which are strictly ground leases.

Otherwise, review the contract and fire away, though of course anytime you are contemplating collection efforts you should meet with an attorney as each state has different rules and requirements, but all of them are quite strict in this area.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

The CSLB is very strict on this.

Illinois does have strict rules though.

Using a private money lender for an investment property can be better than traditional bank financing primarily due to speed, flexibility, and less strict qualification requirements.

Not sure if that counts as formal policy, but it seems to work.Curious how others here handle it, do you stick to strict across-the-board adjustments, or build in flexibility to reward A+ tenants?

Cities like San Francisco do have strict residency rules for STR so managing a property from out of state can be tricky.

Also, the oxford house has strict rules for each tenant with 10pm curfew, weekly drug testing, weekly required AA/NA meetings, and required job/school. 

Dallas buyers and renters pay up for clean, modern finishes.Keep your reno budget tight — FHA has strict appraisal/condition requirements, so make sure safety/livability stuff is handled first (roof, HVAC, etc.).4.

For the damages, once again, this is what your insurance is for.My Advice: 1) If you want management to check up on your units outside of what they normally do for all other units they manage, you should ask them about it and then expect to pay the additional fee for them having to go throgh the trouble and outside their system to do it for your property. 2) If you suspect their 'vetting' requirements are not strict enough,  you should re-determine with them before another tenant gets in the picture and go with your more stringent criteria.