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Reply to "Vacation rental the row house?"
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[quote=Anonymous]OP, we own many properties in "desirable" areas. Some rentals. Honestly, get as long term renters as you can. Also get a security deposit - refundable if they don't defy the terms of the contract. We feel like we are constantly doing paperwork, but really the attorney and tax person do most of it. If you have at least one of each on hand (retainer) for any stupidity that comes along, you will be fine. It also helps to get renters who are more mature (not 20-somethings) and not totally helpless (i.e. if they have a leak or something). GL. [/quote]
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