@Shane PearlmanIt sounds like a cluster.

Seems like a great way to create a legacy for your family.If anyone has actually don't a deal: Does this sound like your experience? 

They sound great so trying to figure out what the real downside is and why investors don't always go this route? 

Sounds like you have some great tenants and I wouldn't worry too much about this situation. 

It sounds like there is some scale in the deal for a fix and flip, but you would surely be way out ahead of your skis to do that based on what you said.

It sounds like you’re in a tricky situation!

I'd been hoping to not "go overboard" since it's just an owner-occupied house hack in a SFH so it sounds like I *could* keep things simple.This isn't so much about the software but I saw you're active in LA; did you find that the templatized leases via KeyCheck/Rocket Lawyer suited your MTRs? 

@Larry Nielsen Sounds like a very long term tenant if their rent is that low and they've been reaping the benefits of it being low for at least the past 3 years.

Quote from @Jonathan Greene: Quote from @Mitchell Gunlock: Quote from @Jonathan Greene: It probably sounds easier than it will be in practice.

It sounds like you and or your agent may not have done your full due diligence.