Subject: Difficult Tenant: Escalating Issues & Safety Concerns (Former On-Site Resident) - Multiple Witnesses - Seeking EvictionBackground:I am a landlord renting out a room in my property.

My only concern would be whether or not, you’d be able to cash flow.

My concern is that I may need to invest a significant amount in redecorating the home to appeal to this new audience.I’d really appreciate your thoughts on this.

Get pictures of every room, the electrical breaker box, water heater, furnace, each side of the house, the roof, the basement if there is one, inside and outside of the garage if there is one etc.If the seller doesn’t want you to come do a walk-through and take pictures due to concerns over COVID-19, then have the seller take pictures and send them to you.

Florida and Gulf Coast insurance should be a concern. 

The red flags of managing from a distance and hiring a property manager are legitimate concerns that make it more challenging.

I've consulted a few times over the years with planners and with the way I buy properties, my liquidity requirements, and my concerns about about how government overspending affects the future, makes me a poor candidate for IRAs and 401(k)s with the stifling regulations.   

These are just some of my thoughts and concerns.

I have to say I have been investing in commercial real estate since 1997 and have never been more gravely concerned about an investment I have made than these two. 

If you ever want to have a discussion to explore your options or ask any questions about the concerns you mentioned, I would be happy to help!