Hello,I am getting all my property management documents and software in order before I buy my first rental property so that when I buy it will be a smooth transition, Beside the lease and application, what other documents should I have in my files so that i am prepared (pet agreement, inspection checklist etc.) .

Below is a little info, but you can checkout www.cincinnatireia.com for more.Cincinnati-Hamilton County Community Action Center1740 Langdon Farm RoadCincinnati, Ohio 452376:00 PM Early Workshop – New or Active Investor WorkshopNew investors: Putting it all together: The anatomy of a deal.Active Investors: Building from Scratch with Michael Denigan7:00-7:30 PM – Buy, Sell & Trade (Members Only)7:30 PM Main Meeting – UnFair Housing : How to lose $100,000 for asking for a Pet Deposit with Tarin HaleHope to see you there!

I'm not a lawyer but I imagine if they called and you sent out a pet removal service that would look better if they got bit. 

Have owned this property 11 years and was our primary residence until 5 years ago when we started renting it out.Market for selling has picked up here in the Minneapolis area and we are considering selling this property as we haven't been able to hold tenants ( both prior tenants moved out due to buying houses) and have had filthy tenants with pets that have destroyed carpet and parts of the house.

No "pet" deposit or fee can be taken as it is NOT a pet...

What happens if a child accidentally damages/ a cord or a pet bites it, fire starts etc....

We are still fairly new to this- we've had two turnovers- one was very easy (next tenants moved in the same day, we didn't even have a chance to shampoo carpets for them) and the second, well, due to smoking, cigarette burns in carpet, and cat pee, among other small damages and missing things, the total bill exceeds the security deposit and pet fee.

Same idea for pets...

I see a ton of people that self diagnose off the internet or via relative or friend and then I see the pet and they are so far off base it makes me laugh...... skin has a limited response pattern, so lots of skin disease can look very similar to each other....they need to see a professional.... if you are lucky you will eliminate bed bugs off the list of causes just via a medical exam.... that's step one......Your side is to make the investment to have the home inspected....and I would probably do that no matter what... the inspection shouldn't be that costly and if nothing else it will protect you if it were ever to escalate to some legal issues...you did you due diligence to address the concern etcIf the inspection does reveal bed bugs, I would highly recommend you research various treatments and costs....some of the prices I have heard quoted are ridiculous.

Which has Berber carpet or however it's spelledVinyl/laminate would be so much easier to maintain with pets.