I don't usually put in plugs for classes or professionals--other than for myself, of course ;) -- but I want to highly recommend a class taught through Arlington County's Adult Education Program called "Landlording." I took this class a few years ago and it was an excellent overview of managing residential properties, tenant and landlord rights, and the Virginia Landlord Tenant Act. A must for anyone considering renting out their home, or buying an investment property.
There are two offerings, both on Monday nights from 6:30 to 9:30. The first is on Sept 22 and the other is Nov 17. Cost is $49 for Arlington residents and $60 for non-residents (and discounts for seniors). You can look at the catalog, and get details on registration, at the Arlington Adult Education site here.
Thinking of buying an investment property? I have some suggestions on neighborhoods that are great values right now, with even more long term potential. Contact me to discuss the pros and cons of owning investment property.