., the latest "guru" lawyer just rolled through town convincing the tin-foil-hat crowd that everyone is coming after them, and they need to pay him to arrange privacy and asset protection.

If I were you, I would arrange to have your materials removed before they get there to work because city guys are pretty rough on stuff they have to move.We occasionally found issues like the corner of houses built in the easement and sometimes on top of a water or sewer line.

@Ben BergHere is the process of renting a property with a roommate, focusing on cash flow, financial arrangements, and renovations.

If high rates are your primary concern, you could potentially look around for a similar arrangement.

However, the loan would need to be under my name, as they won’t allow LLCs.I’ve received advice from others who feel comfortable with this arrangement as long as they have high insurance coverage limits, which the lender also recommended.

You need to contact the lender to make arrangements in addressing the delinquency.  

Streamlined Financing: By using multiple properties as collateral, borrowers can consolidate loans and simplify their financing arrangements, making it easier to manage payments.4.

I have already found and vetted tenants so the only cost to him is the lease; I've made arrangements for current repairs. 

That is a great benefit of that arrangement, but you didn't mention that the downside is assymetrically shared by the property owner.

I'll be looking into other arrangements.