Re: Rental properties?
We rented our house when we moved into our condo...we did it for about 6 months, and it was a nightmare. There are companies that take care of service calls and various things for you now, we did not use one (this was about 5 years ago). We had really needy tenants too, which made it more difficult to find any positive points about it. The last straw was a night when me and my wife were on vacation, the man who was renting the house called to tell us that the heater wasn't working and he couldn't keep his family warm...we are on vacation and have no way of going over to check, so I went ahead and called an emergency call HVAC guy. Guy goes out, checks everything...then calls me back after 2 hours to tell me "There's no gas coming into the house..." Guy hadn't paid the gas bill in 2 months and they shut it off...
He moved out that week...abandoned the house and forfeited his security deposit, which paid for "MOST" of the damages to the home...they trashed the carpet and I had no way of going after him because all the contact numbers I had were disconnected. Needless to say, we sold the house, LOL!