My Mom's family grew up with two generations of the local family get togethers and knowing all the extended cousins, so did my wife's family.

I cannot think of a way that you (the LL who stands to "benefit" by them repairing their own space that they are paying you to use) will come across in a positive way.Plus, the tenant who incurred damage due to the other tenant's leak, may have some legal rights to have the tenant with the leaking pipes pay for the repair in both spaces.Now, beyond the legal side, you also need cognizant that most mom and pop tenants (which I assume these are) are not great with their money.  

Studies show people are more likely to sue a corporation vs a mom n pop operator.

here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?

I just simply still want to service my accounts here on Long Island so I would probably stay at my moms house for a few months out of the year.

Many millennials will have no choice even if they wanted to put mom or dad into assisted living - there won't be enough and they'll have to live at home.

Mom owns a house in Barnstable though so familiar with the area.

Quote from @Kent Ford: Quote from @Rick Albert: Quote from @Kent Ford: Quote from @Rick Albert: Those are the reasons, although I wouldn't be surprised if that is short lived for the mom and pop investors.I was exploring investing in Texas, but here are the problems I came across:1.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $220,000

Cash invested: $5,000

Purchased a mostly turn-key property with a main house and an In-Law detached...

Now we are getting started in Birmingham AL (my mom's birthplace) and are excited to branch out to select areas in the South over the next few years.I am starting off with flips, but will transition soon to rentals using a BRRR strategy.