Q: I am a prospective single-family investor. What considerations should I be thinking of in terms of management?
A: There are several things to consider with the management of a property. Does the investor want to manage the asset, or leave that to a professional property management company? When, how, and where will the rent be collected? Who will the tenant call for repairs and emergency requests? What happens if the tenant does not pay rent? What happens if the tenant violates the lease?Additionally, one...
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