There are 2 other individuals living there who have never complained of anything like this.

To be frank, if an individual does not understand their role, they are most likely going to squander the opportunity. 

Make sure you clearly identify the common areas (accessible to everyone living in the unit) and the private areas (like individual bedrooms).

The question you should first ask yourself is why would the seller enter into one of these creative transactions instead of pursuing a traditional sale?

If you were to enter into a new Lease, you would also restart the Notice periods.

Lack of capital is my largest blocker to entering the real estate market right now, so less than 20% is appealing.

But that is just a good filter.Driving around, walking around, enter local shops and evaluating the same things you do on a day to day basis in your local area is the best way to get to know a place.

Im sorry, but you really need to enter the real world and get off of the social media motivational videos.

(These averages represent state-level data, and individual cities may levy additional taxes.)To achieve the same level of cash flow as a property in Nevada, you would need to generate a higher cash flow in Texas to offset the higher operating costs.

Obviously this is a huge concern, as a tenant could sue you as an individual for liability of the property, and in a country like this that could bankrupt you.