Currently, my sister is my tenant and underpaying the market value but it was in good conscious to help a family member during the covid pandemic and I can trust her to take care of the place.

They'll also have to approve an appraisal and environmental on the property as well... so for the most part, they'll require all of your ducks to be lined up (nothing can be left open-ended).

They had lots of nice things, nice houses and fun charitable and environmental projects.

Will the tenant subconsciously/consciously separate himself from me from a financial standpoint?

The building inspections departments have totally different attitudes, the environmental people are very different, the permits required are very different and so forth.It's why a lot of landlords stay outside city limits.

This means that the path to reach the subconscious mind is clearer without your conscious mind blocking it.

Chis:RPN is so engrained that I have to consciously think my way through when using an infix calculator ... my six year old finds it amusing.

It can be hard to untangle all of the motives behind recommendations that you may come across here so simply be consciously aware of hidden agendas in the case of recommendations. 

In retail, you can make or break your tenants, it's almost a partnership effort.In stand alone light industrial, you'll need to be aware of environmental issues more so than retail or residential.

So check out the fit and finish of similar houses, and be conscious of not over capitalizing, no matter how tempting it may be.Andrew