You can usually tell pretty quick if they will be a good guest.

In summary, these kinds of tenants are not all that common, but when you acquire one, there is usually no way to satisfy their demands.

Again when we get finals on those inspections we collect money again                                   If there are any change orders and or extras they are paid right away         Your final payment is generally about 10% of the contract price .   

It is usually the businesses that are held liable.

Why pay for the extra flexibility you don't need?

Unlike many investments, RE is one of those investments that investing more usually means less risk - meaning better location. think of stocks - The S&P 500 is a class A location and your brother in laws start up tech company is a class D location.

Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.

Stock spare essentials: Make sure you have extra supplies at your property -- you can use a locked cabinet or closet which you can give access to the guests if necessary.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.