Piedad Bassiti: If you have a government agency that deals with landlord/tenant issues, start there. They usually have sample rental agreements and they will also have info on what you can and can't do, also what you must and must not do. Whatever you and the tenants agree on, put it ALL in writing and both of you sign it and keep a copy. Get at least 2 references for any potential tenant, from past landlords if possible(not the most recent one, who may give a good reference in hopes that the tenants will leave, if they haven't been good tenants). Make sure your homeowner's insurance is changed to be good for rented premises, and insist that your tenants have renters insurance....Show more
Verdie Wollen: Have a lawyer draw up a contract for you. Doesn't cost a lot, could save you money and headaches.
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