Consider equity shares, profit-sharing arrangements, or other creative financing structures.Legal and Financial Structuring: Work with legal and financial professionals to finalize agreements and ensure compliance with regulatory requirements.If you have any other questions, just want to discuss, or need a loan officer please feel free to reach out to me directly!

Maybe there is some other arrangement for it such as watering underneath the lawn or something.

Since you’ve offered the $300.00, honor it.Notify them that moving forward you will not be able to provide any further rent credits and offer to break the lease if they feel the living arrangements are no longer working for them.If you feel the above is something you are not comfortable with, I wish you the best of luck with tenants that’s will drain you while they occupy your premises. 

Thank you @Nathan Gesner   The tenant doesn't want to move out because he can't find equivalent living arrangements at this price.

We made arrangements and he sold the two units at a relatively small discount.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

We would also to get 1 or 2 other roommates in the house.Has anyone ever had this type of arrangement?

You can specify blackout dates when the property is not available for rent if you wish to use it personally during certain times of the year.Legal and Regulatory Compliance: The management firm will ensure that the property complies with local laws and regulations concerning rental properties, including obtaining any necessary permits and adhering to zoning laws.Maintenance and Repairs: Property management firms often take care of routine maintenance and emergency repairs, ensuring the property is well-maintained and ready for tenants or guests.This arrangement allows you to enjoy your second home for part of the year and generate rental income when you're not using it, with minimal effort on your part.

I thought about it ... then I thought about how I will be losing money over such an arrangement which breaks my number one rule - never lose money .

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.