This investment strategy entails identifying prospective tenants interested in occupying the properties, who are often individual residents or families.
This investment strategy entails identifying prospective tenants interested in occupying the properties, who are often individual residents or families. It is important for landlords to conduct a comprehensive screening of potential tenants, evaluating their income, credit history, and previous tenancy records to ensure they are likely to demonstrate responsibility in property upkeep. Following the signing of the lease, it is customary for the tenant to pay a monthly rental amount to the property owner.