I am very new to flipping houses, however I have been in construction and remolding most my adult life.Currently I have three houses on the market, from my calculation and with my real estate agents help I priced them at what i think is just below market value.

Are these three unrelated adults?

I require all adults to be screened and on the lease.

I learned she had her adult son living with her.

Many landlords force all adults to be tenants, but that can create headaches if things sour between them.

Are you saying that I should run credit checks on all perspective adult tenants.

The reason families, or two adults in a relationship, are generally better tenants than one person is because they are more likely to be financially stable and pay the rent regularly.

If I find something there first, I don't bother with the background check screening ($25 for each adult).And that's a great tip about the intentional misspellings of a tenant's name.

(highest and best use with repositioning)Maybe there are many apartments in the area but none that cater to senior living.By having demand and changing to senior or adult living with a light rehab and change you can then increase the rents.Also if you have additional land you can build or add on later.Who holds the loan on the property??

The people you see working on the large erections of steel at a petrochemical refinery and nitrogen fertilizer plant.I personally don't put an Xbox or anything else like that in mine, but all my HDTVs are Smart or they have a Roku or a streaming BluRay with adult movies.