Question: what do you need to be a private landlord?
Answer: Buy A Rental Property. If you are not already owning a rental property, the first step would naturally be buying a rental property. ... 
Figure Out The Money. Next, do the math. ... 
Know The Laws. ... 
Pick Good Tenants. ... 
Write A Lease. ... 
Maintain The Property. ... 
Stay Organized. ... 
Decide If You Need Property Management.