One unit is occupied by a low-income senior not on the Housing Choice Voucher program and paying well below market rent.

We evicted a tenant since they didn't pay rent for 2.5 months. 

A tip is voluntary, so your tenant could agree up front, then refuse to pay.

Keep in mind comps can change in the 1-2 years you plan on living there.

How do I like tenants to pay rent?

I’ve heard that this neighborhood doesn’t really have any problems from a social worker but outside areas aren’t good. 3/4 units are currently rented at $900 each, renters pay utilities.

Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.

Good paying jobs but no score at all!

I was thinking I could put down the 50k so he had enough to pay off the heloc and make payments to him for the remainder to be paid off in 10 years with new renters.

These charges apply even after paying a monthly fee of $179.