What's the best advice you could give a friend with a troublesome tenant? Get a good property manager!

A professional property manager will make a world of difference to your investment, making sure that it runs smoothly and trouble-free by advising you on the correct rental for the market, advertising your property and screening potential tenants (including checking their past references). What's more, not only will they pay relevant insurances and rates on your behalf, conduct regular property inspections and generally keep problems at bay, but their fees are a tax deduction. Perfect!