If I contract the well company to make this right, it will cost $2k.

Some of the risk will be mitigated by proper legal structure.1.

Quote from @Matthew Cline: New property management company focused on boosting owners NOI in Chicago’s multifamily market.

By letting them handle screening, you protect yourself from scams & discrimination lawsuits — ensuring a smoother, safer rental experience.Fewer costly & time consuming legal problemsExperienced landlords know that one troublesome tenant can lead to serious legal & financial consequences.

I come here to ask a real estate attorney or lawyer for legal advice.

As a real estate investor, developer and property manager here in South Carolina, I’ve had a front-row seat to how evictions play out—both when they’re handled legally and fairly, and when landlords cut corners and end up in costly legal trouble.

Just wanted to pass along a short article I recently posted on legal red flags to look for in commercial real estate deals. 

I'd expect that you would still make more with a property manager than renting it out LT and getting a cut from the company renting from you. 

My previous company employer related 401k money is with one company (public traded company) which offers traditional IRA as well.

Big news if you own rentals in Florida:Beginning July 1, 2025, the law (Florida Statutes § 83.50) now allows landlords to email legal notices.The catch: - You and your tenant must agree in writing in the lease. - The email address must be clearly listed.Why this matters: - No more printing, mailing, or taping to the door - Faster, trackable communication - Easier to prove delivery in courtIf your lease doesn’t have that clause, this won’t apply.