In fact, if your tenant does poorly, it may put you in a situation where selling is the best option and you will be stuck using the agent that caused the problem in the first place! 

Inform the tenant that their dog is causing a disturbance and that they have X days to rectify it.

What is the legal procedure to seek money for damages caused to the property after they vacate.

He is an electrician and lost money that had a big impact on his life, set his family back a few years financially, prevented them from being able to buy the house they wanted to for themselves to live in, caused a lot of stress in their relationship etc.

Cause if he learns bad habits now, like living above his means or not saving, they'll be hard to break.

We have gotten home loans so convoluted with the Mortgage Broker Model that causes buyers to pay 10 to 20k more just in the Broker fees and service release premiums / rebates Thousands in Junk fee's etc those should go to the borrower to lower their cost..

When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)

This is causing a huge influx of people moving here for jobs.

It won't impact the rental side but will cause issues on the rehab progress and permit nonsense instructed by the city. 

Quote from @Arvand Sabetian: I think most others have already provided sound advice.I wanted to emphasis having a conversation with your tenants about the septic tank, not just a clause in the lease that you assume they'll read and understand.Many people are unaware of what they can be doing that causes issues to septic tanks (e.g., flushing the wrong items).Also, make sure you do a walkthrough yourself prior to filling the unit.