Tenant screening is challenging and you have to have the right process in place to make sure you choose wisely.The main thing as many said, this shows a red flag on the amount.

Why would companies choose to set up new operations in a high operating cost city?

@Eric Miller Choosing between one $600k property at 70% LTV and four $300k properties at 95% LTV depends on your goals, risk tolerance, and management capacity.

Some of these renters are capitalizing on low interest rates and choosing to buy, but many are unable to buy due to lack of down payment or credit factors. 

The Owners Agreement has been a big help as it delineates the exclusive use/rights and shared rights to each area of the property. 

Think about it: most of them are able-bodied adults who choose to live (mostly) free off the backs of others rather than contribute to society.Rent payments are usually steady, but Section 8 tenants took a lot more work upfront, throughout their tenancy and at the end of their tenancy.

I do not think options 1 and 2 are mutually exclusive, in fact I think you should do both. 

Also, I would want to see Line 14 SE shown as 0 no matter whether it's reported as Line 1 income or Line 4 guaranteed payments.Good luck in pursuing with AHP if you choose to go that route.  

I had 3.5% rate, did a lot remodeling and heavy lifting, and decided to sell due to the 2/5 capital gains exclusion.

There seems to be a bit of hostility here from the contractors, and this was really just a question so I could better understand and more easily work with contractors.This question was for a first-time encounter with a new contractor not recommended to me by anyone I know.I am happy to give weekly checks for progress, purchase all materials upfront including all the fittings, nails, caulk, and whatever else the contractor chooses.