Knowing this, all investors should set out on a daily basis with the goal of eliminating premises liability exposures, exceed the implied warranty of habitability standards; be responsive and reasonable with tenants; Screen and work with- licensed and appropriately insured contractors, property managers, brokers; Use contract management to shift risks and defense; avoid your own conduct and conduct of others that arises to negligence and certainly gross negligence.

In the meantime, I would comb your local market's investor facebook page to find investor deals and get into the habit of analyzing deals and then running it by a trusted investor or agent.

That said, I avoid making a habit of case-by-case exceptions because it can turn into tenants testing boundaries.

They’re the result of systems that reward the right habits and filter out the rest.

We are taking over after the demo stage and because the house is gutted and not "habitable" and no bank will finance it -- the seller has offered a short term land contract with a balloon at 60 days.The issue is, now all the typical banks we would use are telling us we cannot refi a land contract that is under 12 months.

Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate. 

A clean, functioning curtain setup is fine for habitability and avoids any more risk.3.

In your case, the new property is not your primary residence - based on your statements, it is explicitly temporary until your primary residence is repaired and habitable again.

She pays nothing.I'm now looking out of 5 apartments, vital for my income survival.  1 is currently vacant, I am trying to fill.The second, the roachy people upstairs, who have told me they plan to move out next month, which will be a massive ordeal to renovate clean and re-rent.And this woman, #3.  

There's just a thousand things I would want to know, that they will probably know cold, and there's just plenty of vital issues of importance I don't know in El Paso.