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Although it is great to earn passive cash flow from a rental residence, it’s essential to take into account the responsibilities of this kind of undertaking before diving in. Here are several from the responsibilities you will have to undertake like a rental property operator/landlord: House Administration: The proprietor is usually liable for repairs, standard maintenance, renovations, and the rest that keeps the house appealing and rentable. Finding/Screening Tenants: The owner is additionally to blame for finding and screening tenants to fill the home/apartments.

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