You are operating a business and as such should only care about getting the best applicant.To protect your self you should only be signing M2M lease, never use a term lease when dealing with strangers.

It's my personal policy (it could change some day - stranger things have happened) to never buy a property with a tenant in it.

@Dan Heuschele, That's a very good point, because every time, I'm ready to pull the trigger on that house, I think about having to share it with strangers.

The only thing he requires right now is that i pay a large down-payment towards house number 2. all 4 of them would go live in this new house and i would rent house 1 to some working professionals i know are going to be relocated later this year.Anyway it seems hard to conceptualize this logistically so if this is advisable please offer any guidance. the other option was just to continue to save like normal and he will rent this house to strangers so we all have to make moves this year regardless of the decision i just figured i keep the house and start building equity.Thanks in advance

Do you want to trust a complete stranger with your money? 

Well worth it but what started out as fun hanging out with friends, I ended up with complete strangers and almost feeling like a captor in my own house luckily once my girlfriend moved back I was able to take back a full paid off house and enjoy the major benefits of not having a house payment.Single Family Residence: Bought first one in 2010 at auction for 26,500.

Why should a stranger gets an equity in your deal unless you are not buying it right,We did The inspection ourselves with a bunch of volunteers and investors.

Part of the risk for realtor women is they are meeting strangers of potentially unknown identity.

If 10 strangers were to reach out to you every day/week and you had x-amount of time to dedicate to them, which ones would you chose and why? 

After the last crash, Private Equity companies were doing this with a flawed model so they saw great losses, these companies are trying to use a more refined model however I still see gaps, the big upside is if you gave people the option of using a well known brand like Redfin or using the stranger who direct mailed or cold called you, Redfin will win most of the time over for those who are on the fence or uncomfortable with the situation.