When they finally move out, you'll discover a ton of unreported maintenance and possibly damage caused by failure to maintain.Landlords should encourage tenants to report maintenance issues.

It was literally designed to facilitate failure. 

When the rental was published, they added a mechanical lock with the house keys inside.

But I'm not familiar if title could get clouded from another mechanism at the state DMV for instance Thank you for your response!

Accept whoever applies" is an idea that would cost you a bucket of money in the long run.Bankruptcy is usually a "no" unless it appears to be a one-time event caused by something out of their control such as a massive medical bill or a business failure. 

@Fahima Hilal an architect usually only outlines mechanicals, plumbing & electrical on their blueprints.Your contracts should be creating appropriate drawings showing where their stuff would go and submit to city with their permit application.

Flipping is hard and has a high failure rate even with experienced people.

@Jake HughesCost segs can be an amazing tax deferral mechanism but they are not a one size fits all solution.  

Failure is not the opposite of success, it's part of success.

In your property folder I'd include a "Closing Folder" with your closing statement and original home inspection (all your major mechanical pictures and ages are there).