AnswerLaws & local guides
What is a housing choice voucher inspection?
Voucher-assisted housing must meet applicable program inspection requirements before or during assistance as required. Confirm the local public...
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AnswerLeases & renewals
What is a lease addendum?
A lease addendum records additional or changed terms that are read with the rental agreement. Its effect depends on the wording, required...
AnswerMove-outs & deposits
What is a move-in move-out inspection checklist?
Use the same organized record at move-in and move-out so condition can be compared. Include rooms, fixtures, keys, photos, comments and follow-up,...
AnswerMove-outs & deposits
What is a pay-or-quit notice?
A pay-or-quit notice generally demands payment of a qualifying rent amount or departure within the legally required process. Its availability,...
AnswerAccounting & taxes
What is a rent roll?
A rent roll is a dated summary of units, occupants, lease terms and scheduled rental charges. It helps describe a property's income arrangements,...
AnswerMove-outs & deposits
What is a security deposit itemization letter?
An itemization explains the deposit held, each lawful deduction and the amount returned or otherwise accounted for. Verify the required content,...
AnswerMove-outs & deposits
What is a self-help eviction and what should a landlord do instead?
A self-help eviction is an attempt to make a renter leave outside the process required for that property. Lock changes that deny access, service...
AnswerTenant screening
What is an adverse action notice and when do I send one?
An adverse-action notice informs an applicant or tenant that consumer-report information contributed to an unfavorable decision. It can apply to a...
AnswerMove-outs & deposits
What is cash for keys and when should I use it?
Cash for keys is a proposed, voluntary move-out agreement. Check the rules for the property, let the renter decline or take time to review, and...
AnswerPortfolio & AI tools
What is cash-on-cash return?
Cash-on-cash return compares annual pre-tax cash flow with cash invested, under a stated convention. It helps evaluate a financed property's cash...
AnswerAdvertising & listings
What is fair market rent in my area?
First distinguish HUD Fair Market Rent from the current asking or achieved rent for comparable homes. HUD's published measure serves...
AnswerTenant screening
What is FCRA compliance for landlords?
The Fair Credit Reporting Act sets requirements for obtaining and using consumer reports, including tenant-screening reports. Establish a...