But again, just my opinion, my state (CA) is incredibly tenant-centric, so I'm pretty unforgiving, as one bad tenant could sink a property for me.That all said, I think she herself sounds fine, I'd just move forward with her and add him down the line, and I'd talk to her and make sure she understands she'll be held liable for the lease regardless of any breakup, joblessness on his part, etc.

Groups tend to break up quite easily and you could very well lose control of your property with the group letting in new members without consulting you.

What if they break up and he leaves?

They will break up, and then you are involved.

But, I would mention that if there's a way to break up that house into studio apartments, you should make even more money, and have less hassle.Most of the units we had in the building next to the university, were small studios.  

If you and your boyfriend are both on the note, what is your exit strategy should you break up?

We are all pretty civil, despite their bad break-up, but we think she is getting the wrong idea with this. 

But, if you don't, you'll have much less "normal" wear and tear that you can't charge tenants for.The second red flag was a 19 year old son (usually problematic age), then the daughter living with dad - okay that happens, but the daughter's boyfriend is moving in, too - until they break up, of course.Then I saw that you would have to rely on the BF's income, who will be most likely moving out when they break up.Then we move on to horrible credit and lying on the applications.You are blessed you have so many legal outs for this potential nightmare LOL!  

@Nathan KillebrewI have had friends essentially break up with me because I would constantly be unavailable due to work or school *two full time jobs and full time student.

Now to be fair selling owner financed dirt did not entail apprasials  home inspections  financing etc. so it was very time efficient.. maximum income for minimum hours spent.Tax sale time I would spend a week tracking all the properties I wanted to bid on .. and then I would follow trustee sales.. that would break up my week.It was fun rewarding and made many lifelong client friends..