You can evict them as John Doe or Jane Doe

Three adults submitted applications to live together in the house (husband, wife and parent of the wife...let's call her Jane.)

@James Gleeson Consult a local attorney for the proper process and wording that should be used in your area, but here in Connecticut we just add "jane doe" and/or "john doe" for occupants we know are living there, but we dont know their names.

Thanks Jane - good to know.  

John or Jane Doe may need 20 doors or more to not have to pull a W2. 

@Eric Hemplershort answer - I don't think you're overlooking anything, and this is what I am seeing as well.I think it's a combination of all of the economic factors: a shortage of houses in desirable markets + pressure from home buyers + investors willing to settle for lower returns + low(er) interest rates - and probably othersseveral options as others have pointed out:-accept the lower returns-find something off market and/or with a value add component rather than a plain jane MLS listing-don't invest in RE

In Chicago check out the Chcicago Creative Investment Advisor run by Jane Garvey.

As a guarantor the only right the parent has is to be apprised of whether the tenants are meeting their financial obligations and the have the obligation to open their wallet if little Jane or Jonathan defaults.

When the owners name is "John Smith" or "Jane Doe", that's fairly easy...

If you have 100 homes nad your own employees maybeJust for the average John/Jane Doe, a property manager is a hit or miss thing and you cannot keep your eyes and ears on the pulse of a property with an annual visit,.