This was a 700 square foot house with two adults and four children aged 5 - 15.At least the lamb was wearing a diaper.What's your pet horror story?

To someone who has never purchased a property and has spent all of their adult life as a renter, it terrified me (and still does a tiny bit) to think about buying an investment property and then getting in way over my head.When I first started learning about BiggerPockets (disclaimer: I work in the BP office, however, I do not have a real estate background nor have I ever invested in real estate at this point) I couldn't imagine throwing thousands to tens of thousands of dollars towards a property.

Here's my model I've developed, simply...3800-8000 sqft5+ bd/4 full bath3+ garages (to be coverted, check w/ local zoning 1st)prefer single story, but if 2 story add elevatorNo pools required (eye candy for the adult kids, not generally used nor appreciated by residentsEnclosed yard with room for benches/tables to meetHOA's don't scare us as long as we've done due diligence on the property through public recordsAcqusition:  Lease/lease purchase/owner finance/sub2Depending on the negotiation, I'll always offer more per month on a lease. 

Most of all, make sure to do a background check ON EVERY ADULT who will be living there. 

I was not expecting to be best friends with my roommates but I was hoping that we would be able to communicate like adults and I would get the respect I deserve as a roommate and landlord.

I know that this is extremely hard for adults already conditioned but it (fear) is an emotion and it can be controlled.

Would renting to someone who has a paper trail of their criminal and credit behavior for their entire adult life (e.g.

Adult-Use Cannabis Fact Sheet I hope this helps!

If it is more of an adult area, than engineered hardwood has a higher end feel and still durable.I would go medium toned as too light will show all dirt, dust and crumbs, and too dark is not in style.

4) Does each adult applicant from your group have a FICO of at least 600?