Screen tenants: Don't rent to anyone before checking credit history, references, and background.
Get it in writing: Get all the important terms of the tenancy in writing.
Beginning with the rental application and lease or rental agreement
Include when and how you handle tenant complaints and repair problems
Handle security deposits properly: Establish a fair system of setting, collecting, holding, and returning security deposits.
Inspect and document the condition of the rental unit before the tenant moves in, this can help avoid disputes over security deposits when the tenant moves out.
Make repairs: Stay on top of maintenance and repair needs and make repairs when requested.
Provide secure premises: Don't let your tenants and property be easy marks for a criminal.
Provide notice before entering: Learn about your tenants' rights to privacy.
Disclose environmental hazards: If there's a hazard such as lead or mold on the property, tell your tenants.
Landlords are increasingly being held liable for tenant health problems resulting from exposure to environmental toxins in the rental premises.
Obtain insurance: Purchase enough liability and other property insurance.
A well designed insurance program can protect you from lawsuits by tenants.
Resolve disputes: Try to resolve disputes with your tenants without lawyers and lawsuits.
Do not set too high a rent: It is better to have a tenant in the property paying a modest rent than to set a high rent and have the property remain empty.
