They might cut corners on essential structural or system repairs, leading to hidden issues that can be costly to fix later.2.

Essentially, you just want to find a way to make it work without having to rent by the room.

I feel like the vibe from some of your responses is essentially, " if you build it, they will come".

When you get higher, you are essentially bidding down the interest rate that you receive.I am not a tax lien specialist and recommend reaching out to some of those who are very active on BiggerPockets like a Ned Carey

I anticipate rent to increase over time.Overall, it's not a bad investment but not stellar, but it was move-in ready, no renovations needed, and essentially pays for itself while it appreciates. 

You could essentially put the whole amount in escrow if you have access to those funds at the moment. 

Using a HELOC  is a great idea as it is essentially a cash purchase.

Hi Courtney,I'm a broker and property manager in Kissimmee/Davenport.Others have shared great insight that has a ton of merit, but like all areas it's essential to buy right. 

It’s essential to build a solid foundation of knowledge and confidence in real estate investing.Learn MoreTo see some of the deals we’ve done and the successes our partners have achieved, please visit my BiggerPockets profile.

My question is, does his partners mother have any liability since they are essentially tenants and don’t own the house they are living in?