If they can afford the utilities and food, Take out an insurance policy on both of them.

This really sounds like they just want you to process payments through home away checkout instead of whatever external processor you might use.

Cozy.Co is just a payment platform and application processor, at least last time I checked.

Paylease is our payment processor and they have an option for tenants to pay rent 24hrs a day at Walmart.

There is an option that you can choose to have a link on your add to have all prospects go thru the screening process or you can opt to send requests from your cozy site to certain tenants who inquire about the property and there won’t be a link for everyone to use.

If I need to go through the formal eviction process; how long before the lease expires should I start the process OR do I have to wait until the day the lease expires?

Does anyone have a better process or have any constructive criticism for mine?   

I don’t know much about taxes but I’ve read that gas, food and a home office is tax deductible. any info would be appreciated. thanks! 

You may want to reconsider your ultra conservative investment approach in order to grow and actually achieve positive cash flow.If you are buying homes worth 50K or less and renting for $850 + per month you are not doing as badly however you should try to find a way to pull all your dead equity especially before the markets turn and you end up losing it all.Paying off rental properties is not investing it is hoarding of cash and is extreamly expensive.Just food for thought

If you host it during the evening, most not too busy restaurant would probably let you use the space for free, in exchange of attendees purchasing food & drink.