If you have money "left over" from qualifying for your residence that indicates your DTI is adequate to cover an additional loan.

I'll go to breeders and shelters and see how much I can find out to feel more comfortable with the animal and with the tenant as an owner.Are there any neighbor issues or adequate fencing issues to consider?

There are several other things that I could list as damaged, but I feel this is adequate to justify not returning your deposit.

I do see how this idea could be abused though, and that it still may be unwise to suck up a great deal of your passive income to pay for a flashy car every month.I'm a senior at VCU wrapping up my last semester, and all I have at the moment is an adequate emergency fund and a small investment portfolio.  

This type of sale allows them to get a lumpsum - perhaps to do all the trips on their bucket list - and then supplement their pensions which they may have started to receive 20 years or more ago and are no longer adequate for today's costs.Basically the purchase consists of two parts: a "bouquet" or an upfront lumpsum that may be anywhere from 15% to maybe 50% of the property value and a monthly or annual payment (called a rent) that continues until the owner dies.

If the hotel is held differently, it would need to be covered differently.If there's a way to move it into your LLC, you might be able to save money by insuring the apartment and hotel together.Otherwise, given the hotel property's use, I think you could protect yourself adequately with a lessor's risk policy that has high liability limits.

Make sure there is adequate insulation in the attic, walls, and below.

Vacant room = no income at all (when compared to duplex)Damage = damages my living space too---Most investors will probably hate this idea of house hacking, but on paper it seems that many cons can be prevented with adequate tenant screening, and at this point in my life I wouldn't hate living with someone (maybe ask me this in 6 months from now :-P )---House- $130,000Duplex $238,000

Your problem is trying to shoehorn a property without an adequate down payment.

Did they provide adequate notice (I would think the house should already have been on the market for at least 30 days, and you would have already been informed by the PM).Our lease does NOT allow the tenant to do this.