That's the fastest way to rack up college debt (changing majors) and stop any meaningful post college investing including but not limited to real estate.

I have a house with some pretty extensive termite/water damage on the wooden framing of two exterior walls.

Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

I am mostly thinking of just getting rid of the package locker and putting some storage racks for the packages to be left on.

If they don't have credit with a supply house then they even the supply houses don't trust the contractor and why should I.Once again, Jack, you have zero clue what you're talking about.In this part of America, you have a number of 1890-1929 houses that were originally built with integrated wooden, copper-lined box gutters.

I found the process easy to execute, but a little nerve-racking.

(Also be aware of the baseboard heating which might rack up the bills during winter). 

I have seen a front door made from badly sawn pieces of a wooden palate nailed together and a rope to keep it closed--which I doubt would fly with Section-8, BUT you can't blame people for being poor and too proud to ask for government assistance.

Racking up a bunch of credit card cash advances can run your credit score down.

A crazy tenant can really rack up a tremendous amount of damage to a house.