If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

In addition, you've got your HELOC on your primary you'd have to be paying back also.

End his lease, and find a tenant willing and able to pay market rate.

Now I spend 5 years hoping they make their payments and somehow refinance to pay off the balloon. 

In fact, according to the Federal Housing Finance Agency (FHFA), over the past five years, home prices nationwide have risen by 57.4% (see map below):This appreciation means your house is likely worth much more now than when you first bought it.2.

When you borrow money you agree to pay it back.

If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not  bad idea but if you think you will overstretch yourself renting is nto bad either.

I am looking to get a job doing this, but I am not sure what commission percentage I should ask for or if there is a regular commissions plan out there that everyone pays lead generators.Thank you for any information you can give me.Allan Guerra

If someone is unable to satisfy these preliminary requirements, they have no business paying for the services and good luck getting the service providers online to provide this information to you. 

It does appear that we need more information about actual ability to pay the rent but in reading between the lines it appears that there will be two more adults living in the property, so we have more information to gather.