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Hi -- Recently i looked at a condo i am intertested in buying, so that i can rent it. This is the first time i am trying to rent a real-estate property, so i have few questions related to this. 1) For my home i have home owners insurance, do i need to take any special insurance for rental property? 2) What are the documents (such as rental contract) i need for tenant to sign? is there any way i can get sample copy of those documents? 3) Someone told me that, it is better to incorporate and buy the property on that company name. Any advice on this? If i incorporate later, is it possible to move the property to the company name? 5) Any tips/suggetions/gotchas for first time landlords? I live in Cleveland, OH area. Thanks for your time and help. Thanks AC
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