Do some math and consider if you’ll get better returns unlevered in REI or through equities that pay dividends.

DC is also one of the most "renter friendly" places in the country, so really make sure you do your homework and consult an attorney when writing up your lease to make sure that your property and your lease is in compliance with rental law. 

@Shannon F.Make sure the MTR vs LTR math makes sense for the work involved. $3K per month as an LTR x 12 months = $36K $4K per month as an MTR x 9 months = $36K Vacancy is a huge factor. 

For instance if I can cash flow $400 per $190k house in pa or $500 for a $425k house in nj the math is very simple and would be doing the two PA houses.  

They can quickly do some mental math to see if they are comfortable "losing" 15% of their usual revenue.

Does the math make sense?

Margins are tight and screwing up the math or having unrealistic expectations will end you up in trouble pretty quick!

WAY overthinking again, ITS JUST MATH.

If she turns off the A/C and it results in damages, she will be held liable for that, as well.Do the math and see if it makes sense to let her go.

If you do the math it makes much more sense than paying dorm fees And your kid gets a good education on property ownership and management in the process.