I live in New Jersey and looking to be an out of state investor looking for a good combination of cash flow and appreciation; I am considering either Cleveland or Columbus.

I'm wondering if it would be an option in my situation to do a blanket loan for scaling.

Heated towel racks always go over well.Keurig coffee with coffee pods and condiments.Gift upon arrival.Hope that helps.Mike

Just be an asset.

Never pretend to be an expert to value their property.

Got to do what you must if you think it will be an ongoing problem.

No matter how long a guest stays compared to policy there will be an explanation or excuse or expectation that you will look the other way.Hopefully people understand that with you living next door there will be more enforcement of the rules, but you need to figure out what you can tolerate becuase they are going to push you to the edge and trying to be ultra strict may backfire. 

Shouldn't be an issue as posters above have shared. 

Needs to be an arms length transaction.2) Let's check the deal numbers to first make sure this is a good deal. 

So now we have conditioned when a person leverages self to the gill's, taken on mountains of debt and the grand some of there career is waiting tables or making coffee and some toilet-paper degree that a bajillion others also have, and maybe a few years experience at best.