Thanks for entertaining the Newb questions....

I don't want to give them a prize for the doing the agreed upon, responsible, adult thing like paying their rent.

I'm happy to hear that we've become your evening entertainment, Eric!

If I can't put the lien in my name, can I use my adult child's?

Even as a well seasoned adult, they freak out if I mention million dollar properties, lol.You will do very, very well and I think many of us reading your post are jealous we waited so long to get started.This is a great community so take the time to read though the forums as they hold a wealth of FREE information.

Or that's at least our hope.I've even entertained selling now to hold onto the equity we currently have and buy when the market has softened more.

Any adult that will occupy your unit should complete an application and be fully screened.

Zillow is good for entertainment value.

I'll lay it all out there in the hope that some folks might have some useful insights or advice.I've been an "amateur" investor for most of my adult life, typically only having one or two rentals, with one unit being part of a duplex that I resided in.

If another adult occupant moves in, you'll want to qualify them, screen them, and then put them on the lease, this, is a no-brainer.