You don't have an obligation to accept rent, even for the full amount, if it is late.

She plans to rent out part of the time, but also stay there part of the the time.

I have visited Columbus several times and I do love the area.

In my mind, a multi-member LLC where my wife and I are 50/50 partners make sense, but I don't know if that will cause problems at tax time with counting losses from the LLC against my active income.

But if you were planning to house hack for a long time there then I’d think it would be a better option then renting.Things id be aware of house hacking anywhere near Boston:-Make sure you pick a town with a decent renting pool-Appreciation will be your best friend, not cash flow-Be prepared to spend on renovations always happy to share my experiences or resources if you want to connect! 

I've got a pretty healthy Vacation Rental property in Palm Springs that I've been managing for 4 years, so I don't have many questions at this time, but I sent a request to join your FB group.

She has saved my butt a couple of times when trying to get too creative.

I jumped on it immediately with a full price offer.

not legally.. that precludes the buyers right to a full foreclosure..

You get top SEC 8 rents over time, with regular annual increases.