Being a landlord can be very rewarding. Whether you're providing a long-term home or a short-term vacation rental, you get to earn income while creating and maintaining a space where people will make memories. You can even hire a property manager and make it a more passive endeavor.
If you're looking for your first or next rental property, there's a lot to keep in mind. From the surrounding community and proximity to stores and schools to the appearance and condition of the home itself, you have a lot to consider.
One thing that's often overlooked is the way local laws could impact your landlording experience. Let's explore some of the laws and regulations you'll want to learn about before purchasing a rental property.
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