I'm asking specifically because I am thinking about throwing a treadmill or elliptical machine in the living room if the person wants to exercise a little while they're there.The unit isn't huge (around 1k sq feet) and it will probably look tacky, but I was wondering if other people have found value in providing some simple exercise equipment, even if it seems out of place.

For existing companies, individuals who own at least 25% of the entity or exercise substantial control over it must submit BOIR to the Financial Crimes Enforcement Network (FinCEN) by December 31, 2024.

If you put landlording next to exercising, exercising might be more passive as an activity.

Other things to note: there is an option fee the tenant has to pay (and you may keep if they choose not to exercise the option to buy).

Outside of real estate, I enjoy my kids, travel, exercise, wellness and I am also a former Financial Planner turned Mortgage Lender. 

If Borrower wishes to exercise this option to extend, Borrower shall notify Lender of Borrower's intent to extend in writing prior to the Maturity Date.Security for Payment: This note is secured by n deed of trust of even date from Borrower to Doc Prep 911, Trustee, both of which cover the following real property: Lots xxxx, City of xxxx, according to the map or plat recorded in xxxx, Map Records, xxxx, Texas.

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

If you’re planning on buying your new primary nearby, it will make being a first-time landlord much less stress inducing.

This whole exercise may or may not make sense depending on the reason for doing it.

Property management is not a joint exercise between you and them.