The tenant understands that the property of the Tenant is not insured by the landlord for damage or loss of any kind (action of third party, fire, water, theft, vandalism, storm, heat or cold, electrical damage, pests, mold, accident, etc.), and the Landlord assumes no liability for such loss.

Consult someone who actually knows what they are talking about/does this for a living, but most of your tax savings are only going to offset the earnings of the partnership rather than one of you individually.

She moved out exactly a month if stay there and they left the place filthy also her son is not on the contract and I been told that many of them were living there while contract has only two people.

House hacking, short/mid-term rentals, co-living, sober living, or finding ways to add value are where the best opportunities are right now. 

. --- They will offer to fix them in exchange for lower rent, but ask yourself, if the tenant has been living there for 25 years, why isn't everything fixed already?

The seller must think he is sitting on a really hot property, or the buyer is asking for too long of a DD period.

Where you live in relation to the investment property shouldn't matter.

I think he's in the process right now so I'm not sure how it's turned out, but last time I spoke with him it seemed that it was going well.I always tell people looking to do co-living that there is a certain amount of risk that you have to be willing to take on.

Also, optimize the new assisted living facility that we just purchased in January.

When your tenant stops paying and communicating, who will knock on the door to see if they still live there?