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Trouble free rental property (Single Family House)

1). When evaluating the rental property, look at all the items that will need replacing. list all mechanicals that need fixing from largest expense to smallest. Anything that won’t last 5 to 7 years you will want to replace.
If you are buying for long term, say 20 years, you will want to rehab the property with the longer time frame in mind.
By doing this I will ensure that i won’t have a major repair the
whole time I own the property. At the 5th year i will be ready to sell the property and roll that money into a different property.

2). Have your property professionally managed. Most investors are not good property managers. Darwin Homes referred by Rodger @ luinc.

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