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Reply to "I am considering buying a rental property. Talk me out of it."
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[quote=Anonymous]PP with two condos here. We didn't create LLCs or get a lawyer or accountant, but probably should do the latter. Haven't had the issue above ^^ and have been landlords for eight years. We did have one annoying tenant with two kids that complained more than the others and did a lot of damage to the walls, but one out of six or seven isn't bad. Plus we had her deposit to cover the damage that was beyond normal wear & tear. [/quote]
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