1. Do important updates and enhancements to the property to improve desirability of property.

2. Set very strict rules in tenant screening and select tenants very carefully, even if that means the property is vacant for months.

3. Make a rock solid lease that allows the tenant one late payment. Immediately upon the second late payment the lease…

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I am in California and have properties in Ohio. It is good to meet you all. I wanted to know what you felt are the most critical things you needed to do. Here is my list:

1. A good lawyer

2. A good local manager or maintenance guy who can offer a la carte services, such as posting a 3 day notice and appearing in court for you