The child was listed as an occupant in the lease, but not a tenant and did not sign.

They normally get 7-12% of your rent but its well worth it if they handle collecting rent, leasing out, tenant issues, advertising, general maintenance, repairs and improvements.

I have a list with lease-end dates of all my property.

However, you can hold onto the property, lease it out to “arms-length” renters, build your retirement account with the rental payments, then take the real estate as a distributed IRA asset when you can take distributions penalty free (after age 59 and a half).

Does anybody do it in a way where the tenant has an option to buy at the current market price in 12-36 months?

The reason why I ask is because I think real estate market values are still going to drop significantly (...

You would do a lease option with his parents.

She was on the lease contract with me with her son.

There are other low income programs available and HUD has a lease-option program but it may be on a back burner now, but that has to go through your local Public Housing Authority or Section 8 Administrator.Do not use Sec 8 on your own to do any installment deals!

We need to enter information such as the start and end date of each lease which is not possible in QuickBooks.

One thing I have learnt over the years, is that at the start of a new lease it is a good idea to have them update their personal information.