Something seems very off in this situation: Todd has been living in this apartment all by himself for a long time (since his rent is only half of market rate) and suddenly he's willing to get a roommate.Frank is willing to get into a roommate situation, which only happens to save money or because people become a couple.Now that Todd moved out, Frank would be willing to pay all of Todd's rent rate, without roommate?

Just joined after reading BP for a while.My name is David and I just returned to the good ole USA after living in Africa, Europe and lastly the Far East over the last six an a half years.

Two of my are within a half mile of this property and not as big.

There is an ongoing thread about day care at a rental:https://www.biggerpockets.com/forums/52/topics/109391-advice-needed-residential-tenant-w-a-daycare-insurance-headache-helpI didn't want to hijack it but I thought a more generalized discussion would be helpful to me and a few others.I also made it a point to tell applicants I do not wish to conduct business at my propertyHowever there are some gray areas, and I basically made my rules looking at the nuisance factors...not so much liabilities, and now looking at that thread, I may have to rethink this.You see, I would not have allowed the day care simply because a half dozen moms picking up and dropping off at the same time would cause a parking jam and inconvenience.On the other hand, I have told tenants who occasionally allow "friends" to drop off a kid for them to babysit its ok.

You need to bring something to the deal and honestly money might be the easiest.

So, this gets you about half your cash back at a cost of $2500.

Also, I expect my cash flow to be lower because it's a shorter term than I would prefer but at the same time, I would invest half the cash so that might make sense.If someone could run me through this, I'd greatly appreciate it.

I collected one deposit check, not two but I'm sure they think that each is entitled to half the deposit.

Close to home means, you can get there within half an hour (hour tops).

Hire a bookkeeper as they are about half the cost.