Renting to a parent... duplex investment

[Ericka L.]

Hey all, I'm currently under contract for my first home/investment...a duplex... and my mom has asked if she could be a tenant in the other unit. She lives in GA and is trying to sell her home since my dad passed away in December 2016.

She'd be an actual paying tenant, paying the same amount as the tenant who is vacating prior to closing. Is there anything I need to consider in this transaction? is a lease still recommended?

Does anyone have any experience with renting to a family member or just general advice on this?

thanks a lot!

-- E