@Carol BurnsYes, we always require renters' insurance, especially if they have pets.

Should see a drawdown soon, I believe.Adding to QQQ & proactively covering some shorts at these levels in domestic markets, and opening up some net shorts in international markets.Usually when such quick, abrasive cuts hit the market there's something unexpected that breaks.

Lease violations going unnoticed Unauthorized occupants, pets, subletting, property damage developing over time.Vacancy costs mounting Every day vacant while you coordinate showings remotely costs money; can't do quick turnarounds.No local advocate during disputes Code violations, neighbor complaints, tenant disputes, neighbor complaints, city inspections, you're fighting battles by phone.These problems don't exist in isolation.

I’ve signed a legal lease with them to protect their housing, but I’m still stuck pursuing the original buyers for breach of contract, trespassing, and damages.At this point:I’ve paid a $5,000 legal retainerThe buyers owe over $18,000 in missed paymentsDamages include a kicked-in door, scratched interior doors from pets, damaged siding, and HVAC tamperingAnd now they’ve taken up “residency” in the basement when the original buyers tried to call the cops on the ones living in the property due to not receiving payments from AirBnB anymore (because they are paying me directly).

A herd of destructive pets, and on.

That way you are covered if something like early move out or wanting a pet comes up later.You can have dual language documents.

Dispose of all rubbish, garbage, and waste in a clean and sanitary manner – at reasonable intervals – and assume all costs of extermination and fumigation for infestation caused by tenant; not feed straying pets or animals; not temporarily host pets.

My previous listings were hostel-style( arbitrage lease) , and my current vision is the same vibe: private rooms with a strong focus on being extra pet-friendly, given that I am a K9 trainer.My W2 income is about $40K a year (as a remote leasing agent for apartment complexes in Florida).

As for advice, what about pets?

It's in Wilson, that's the problem.Look at Raleigh, any house that isn't in a primo location all cash or low leverage, is just sitting like your pet rock.