Not only do you need the Authorization To Release information for the bank to even talk to you, most banks will Not entertain a short sale once title has changed hands from the borrower.  

I would gladly "option" a building to a tenant that needed work, while I would be fair if there was a problem for you at the end of 12 months there are others that might not be so forgiving... its a contract after all, your an adult and you should understand the risks before you put your money and effort into the deal.

I skipped 2 trips to Vegas on vacation and invested the money with this, it is entertainment in addition to investment for me.   

This means there would be a total of 5 kids, 2 adults, and 2 pets in a 1000 square foot home. 

I think AC needs to be rebranded as a beach town resort that happens to have casinos with great entertainment options.

My young adult son characterizes the city as the "Portland, Oregon of the midwest".

You don't want to run afoul of non-discrimination laws.Good rental criteria requires all adults (18 and older) who will be residing in the unit to apply, pass the screening process, and be listed on the rental agreement as jointly and severally liable.

But lets entertain it. 

But lets entertain it.

It’s admirable to homeschool the kids and stay at home with them but If you are only going to have one employed adult they need to increase the household income dramatically especially for where you live .