A property is only good as the tenants that inhabit it and the individuals that manage it.

And no, do not put dad on the lease, he is a guarantor only and has no rights to inhabit the property.

Then they realize they bought a property back at auction, wasted a bunch of money on legal fees, just to have possession to an inhabitable home until the bank gets around to foreclosing.

answer is: the owner of the property is responsible for all of that, since , technically, they are just leasing the house as a landlord. however, renters insurance would be smart of the inhabitants of the house.

Conventional loans usually lead to a slower close, and I am hoping to create the ability to work on multiple properties at the same time.In my experience, conventional lending requires the property to be inhabitable at the time of purchase, ie. roof, plumbing, etc.

It seems like a logical extension of the idea to pay rent to the property LLC for the space I inhabit - even though I hadn't consider that further rental income as well.I haven't had time to process DSCR, but I will certainly do so.

2: Due to the conditions being inhabitable should I refund the days of rent that was pre-paid (my answer is yes and it ended up being 4 days)?

I am saddened by what I have seen happen to this country but I know there will be an emerging country not far away inhabited by an inspired populace that wants desperately to be what the U.S. once was. 

I would most likely inhabit the middle sized unit, (950), due to how much stuff I have.

Leaky pipes and water damage don't necessarily make a house inhabitable.