John Amiri: Any entity structured and operated correctly protects your personal assets from tenants.

@John Woodrich.  

@John Geldert Thank you for the insight!

*side note i will be paying repairs*also if you know will you please let me know if i am supposed to issue a 1099 at the end of it allBest, -John

Sorry, I meant to say thank you John as well as  Justin.  

Years ago, someone I met at REI meetings, John Hyre, wrote some books on using QuickBooks for doing real estate.

@John Underwood How do you word it in your newly printed lease about keeping the original move-in inspection? 

Hi @John W.I would not refuse anyone housing for any lawful source of income.

@John SampsonI'll give you couple tips, but they can do more harm than good when you do not have tax background.

@John WoodingtonHi JohnMy wife and I have had these discussions at length.I don't have any issues with doing this.Here's a few more possibly related questions:When you don't know the 'fair market price' is it fair to offer a house for sale or a place for rent, only to later increase the price when frequency of responses support a higher price?