I would recommend this rather than splitting the bill and trying to collect that amount each month. 

Anyone with a LT lease in place who has collected either two months rent or security and first months won't get tagged for vacancy. 

But here’s the thing to know about that deal: from execution of the PSA to collecting $1.7M took about 21 months.

Here is list of reasons adding an ADU in SF zoned areas of So Cal is a non-optimal investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Couple the two together and you have a receipt for tenants that cannot afford to live.As for trying to collect, you should ALWAY put them in collections for two reasons. 1.

I want to know if I buy a four plex under an FHA, claiming that one of the units will be my primary residence, can I move somebody into the unit I claim as my residence and collect rent from them without issue? 

You can invoice them monthly and collect like any other vendor. 

The due will be time/effort collecting.  

I want to purchase the properties, set up everyone on a month to month lease, transfer the utilities to tenants and eventually raise the rents and collect deposits. 1.

He does this for mine for a low flat monthly fee and he really helps fill up the weekdays/off seasons and optimize booking revenue during the peak times.