He has a pitbull, and it's very well behaved and nice overall.

Communicate with your tenants your requirements to behave well and create a harmonious atmosphere with all tenants.

I am also thinking about other benefits that can be written off such as repairs (she would pay for them through me) and visits.The downside would be having to get another mortgage.

Obviously we will be having a attorney go thru everything.

If I let the person with the "elderly, well behaved, 8lb Scotty" in, the next thing will be there's a mastiff in another unit with no preliminary discussions.

If you have access to the property and in the area, you have to first and foremost mitigate the damages.Take pictures and start drying property out, put dehumidifiers, fix the problems.Insurance is a way to pay for the damages and you’ll give them receipts IF you have insurance after all.I know my insurance company (State Farm) doesn’t let PM get policy on behave of the owner - they all call the agent.

But markets behave unpredictably.

We called USAA and it seems like the max is $688k after that, we will be have to add down payment.  

Chances are they will behave roughly the same.

I will be having everyone sign a new month to month with updated rules and a small increase in rent to cover the growing cost of the water and sewer over the past few years.