I am noticing that rental ads generate far more responses than RTO or for sale ads. Since more people are interested, I can always find someone with good credit history. Because of this, I have been doing straight rentals on homes we’ve brought in. Too new to detect whether this is a good plan.
I am hoping to get some feedback regarding the following:
1.) Other than putting in a “tenant pays for all under $100 repairs” clause, what other clauses should we have in order to stay out of the constant repairs & maintenance business?
2.) How to comfort the neighbors that the community quality will not be degraded by an influx of renters?
3.) Where to advertise to attract 55+ renters?