Come to find out, once the floors dried, they looked horrible.

I just worry that we flip a few homes and think that everything is "ok" so she can quit her job, then our ink well dries up!

Run in to it all the time on waterfront property, dunno I’ve seen it on dry land. 

Typically, tenants let the oil tank run dry. 

Essentially take all the excess cashflow from your investments and put all of it towards one mortgage until it is paid off. 

Cons: The initial paperwork which I thought was a bit excessive. 

We are suck up premadonnas and our poopies smell like dried roses!

If his income dries up, you still have 30 days to get rid of him and another month for cleaning/repairs.

Losses due to excessive wear-and-tear?

@Bernie Indig I understand that eventually you want to connect with people with experience, but what you've just said is that you have excess funds but no understanding of any areas around you.