Any LANDLORDS out there? need advice?

hi
i am a new landlord in new york. i just spent tens of thousands of dollars renovating the apartment ( renovating and updating kitchen and bath, painting walls, refinishing hardwood floors) . my tenants are moving in today and i want to make sure i do whatever i can to protect my investment. can you offer some tips on protecting my investment. ? for example, should i buy carpets for the floors? mats for the entrance door? how can i protect the new tiles in the kitchen and bath against damage?

thanks

the only thing that you can do is take pictures of it before any one moves in preferably with a dated camera, and make sure you are allowing GOOD tenants to move in my looking at a back ground or making sure previous landlords say all went well! also stipulate in the lease that ANY DAMAGE done to the carpets walls, doors, or anything on this property will result is immediate termination of the lease and or criminal lawsuit for destruction of property! if they wont sign it then don't let them move in!

their security deposit is your only protection.

Charge a huge deposit but then again people willNEVER treat the property as you would. Sounds like you should NOT be a LL if you spent all that money on a rental!

Otherwise you hope they do not destroy the place.

i would never spend tens of thousands on any rental.

Tenants do not care about your property and the laws are on their side so why should they care.

its all part of the risks and chances you have as a property owner

put good tenats in the apt and hope for the best saddly. you may check the units with a 24 hour notice, at least then you can watch for damages.