* Do you provide move in and move out reports * How many pictures do you take of the property prior to tenant moves in and after the tenant moves out* Do you get weekly reports when the property is vacant what prospective tenants are saying about your home* Do you provide monthly newsletters to your tenants* Do you hold investor education classes to help me become a better investor* Do you have single point portfolio based management services?

The investment is a little bit more upfront since you'll have to furnish the room and bathroom fully, but you may be able to command a higher rent each month since you're covering all utilities, WIFI, and providing all the furnishings.Either way, renting out the room is a great idea and I'm sure it will be helpful so you can rest a little bit easier while you save to move to Lakeview, eventually :)

However, eviction must be by cause (i.e. you can never evict without a justifiable reason - so more or less you are stuck with a tenant unless they stop paying rent or breach their lease, or some other narrow units such as moving in or curing code violations - though then you have to pay relocation costs).

I am debating the move and would like to know the downsides I might be overlooking.

Had an inherited tenant move out after living in a property i purchased a few years back.

This move-in ready house features a stove/oven, refrigerator, and dishwasher in the kitchen.

My accountant told me that I needed to move the property into the LLC (change the title/deed) for the property to be considered a rental. 

My lease has a sublet fee (2 weeks is guest by lease more than 2 weeks in a year is sublet) that is costly enough ($100/night per person which is about what a cheaper hotel is here) that makes sure tenants do not have others move-in without informing us.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Hi Sam, I would say that you should consider leaving this deal if you are concerned moving forward.