If you are becoming a landlord – there are a few things that you should probably look into.  For one, you want to make sure that there is some screening process for your tenants.  I have heard horror stories about landlords having some terrible, terrible tenants and that is not something that you should really want to deal with nor should you have to.

You also want to ensure that you really check out the rental history of any tenant that may be interested in renting your place from you.  After all, you want to ensure that you are getting a good tenant and the rental history will tell you a lot.

Finally, a credit check is something that is necessary in this day and age, as you want to ensure that your tenants have at least decent credit and that they have a history of paying their bills on time.