For open-ended tenancies (month-to-month, week-to-week), proper notice is required: 7 days for weekly tenants, 30 days for monthly or other undefined terms.After Eviction: What You Can RecoverOnce the lease is lawfully terminated, the landlord has the right to possession of the unit and any unpaid rent.

Half assed siding companies throughout Connecticut use foam boards to go over existing siding materials when the proper way to do job is to remove all existing siding whether it is wood, etc

Generally you want to keep track of your rent income received, your expenses and then you want to have your purchase agreement from when you bought the rental property to properly account for depreciation. 

Does not function, no insulation, doesn't heat or cool properly, electrical doesn't work properly, etc.

@Damani Tilton you should only hire a PMC if:1) You no time to properly manage your rentals2) Don't have the expertise to manage your rentals (which takes time to accumulate!)

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Work with a CPA experienced in real estate partnerships to ensure proper tax treatment and K-1 preparation each year.If you plan to grow the portfolio, consider how the LLC will acquire future properties (new loans, capital splits) and if any profits will be reinvested.This post does not create a CPA-Client relationship.

We want to handle this properly and fairly, but also protect our legal standing and lease integrity.

This would not be a big issue, except the fact that I need to spend like 4 hours figuring out how to set up autopay with each new servicer each time — their websites don't work properly, their support is useless, and the support takes multiple days to respond to written communication.

Only the PM companies who do it at scale can afford to hire the right staff and give them proper training to handle all the issues and be responsible for your property.