@Elizabeth C.

To Elizabeth's point, I was afraid of potentially offending a prospective tenant by telling them I'm making them put there kid on the lease as some one who's essentially liable for the rent.

regarding Elizabeth v's comment, the operating agreement will spell out the details of the partnership agreement and terms regarding profit distributions.From my experience of setting up and creating llcs for  our private holdings, that's the first step in shielding yourself.  

@Sidney Kutchuk Elizabeth ColegroveThanks for sharing the information.Do you have a difficult time filling vacancies in these types of homes?

Originally posted by Elizabeth C.: We have gotten a lot of people who are looking for rental because they "let their house go into foreclosure" when it dropped 50%.

@Elizabeth Garcia, it adds an extra (unnecessary) step to the process.

@Elizabeth Wilson I agree. 

@elizabeth wilson thanks @Candy Geo thanks alot @Jay Hinrichs lol yeah i did pretty well. thanks alot @Karen Margrave I was actually the 2nd in the neighborhood.

I second what Elizabeth says about animals.And I question your assumptions about Section 8.  

Elizabeth, Thank you for your reply as well!