You will be left waiting years, with your own domino effects and legal bills, for the mess to resolve.

Joel Kotkin, executive director at Chapman University Center for Demographics and Policy, said that while households in other states also struggle with bills, California’s debt numbers may be high due to the cost of living.

Thanks for that shout out @Bill B.. 

Cons is obviously liability, so you need a good rental agreement, higher electricity bill and maintenance cost.

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

I gave Financial Freedom my credit card info so that they could bill me $3.95 to ship me a book.

If you owned the local grocery story, you wouldn't apply their grocery bill to their rent payment.

I would keep rent a little below market, then split the monthly bill between the tenants on top of rent.Old houses in cold climates get expensive in the winter.

Weekend work is emergency only and it gets billed out at double our rate . 

I just saw on my monthly statement they charged me an 8% fee.