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while in some cases a handshake agreement may be proven valid if it needs to be enforced, it is better to have a written agreement. if you provide services or perform consulting or freelance work, you’ll likely need to be able to professionally invoice your clients. an invoice helps you track payments and income and help your client track payments and expenses.

residential leases are suitable for properties that are legal to rent as housing, such as houses, apartments, mobile homes, condos, townhomes, duplexes, basement apartments, or a single room in a home or cabin. if you are not sure that your property is legal to rent in your area, contact the local housing authority to learn more about what is considered habitable. if your rental is in a high-demand area, you can afford to be choosier. details that may be okay to overlook include: no credit history with a good income; long-term debts, such as student loans or medical bills, if they are in good standing; a new job, if the rest of their job history is consistent; or a person who has a good rental history but can’t pay the whole deposit at once. in most areas, the guideline is two people per bedroom. ask a lawyer or contact your local code enforcement agency to see what the rules are for your area. fair housing laws may require you to allow service animals.