All in all - owning a place to rent to other people is a business, and business decisions need to be made based on that cold hard facts and not on an emotional basis, unless someone wants to quickly go out of business.

Here’s some feedback based on your situation:House hacking is a fantastic way to reduce housing costs while building equity.

Hey Meena - I am based in Austin as well.

On market & negotiated price based on condition How did you finance this deal?

How about the simple obvious that the inputs to deliver the service/product have a base-line and market prices have, OBVIOUSLY, been at about as lean of operating profit margins as can be. 

Then the tenant will rant a bunch of nonsense, have no evidence to back up his stories, and the judge will find in your favor based on the evidence provided by you.For future tenants, I highly recommend you read a book like mine or "Every Landlord's Legal Guide" by NOLO.

Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.

Not sure where your research came from but what I was basing my perspective on, was from a professional working knowledge of being on the ground observing.

You just discriminated against them based on family status.It's good to have a heart-to-heart talk with them about what they can afford and see what they want to do.

If it were me, I’d double-check the furnace to cover all bases (maybe bring in a second opinion) and document everything.