In your case, that does not apply.With that said, my first response here is more or less indicative on how exiting the rat race is more a pipe dream than anything.

List is not exhaustive but a very good one.

.- Remove old / unused piping as necessary.- Re-glaze tub.- Install tile as a surround around bathtub.- Install new tub faucet, drain, shower.- Do not install toilet paper holder.

I'm going to reach out to the hoa to see who is responsible for the pipes between units , but I do expect I will have to pay.thanksrob 

Put down the crack pipe dude.....

However, the guaranty would only apply to the specific property after the lender has exhausted getting funds back after a foreclosure - so its less a worrisome guaranty than if you were just overall guaranteeing a business loan, since the real majority of the collateral and recourse is going to fall on the property

You want the temp to be above a minimum temp so the pipes don't freeze. 

Heck, I'd maybe get to a place of all but requiring some such basic competency completed before I take on a buyer client because I too get exhausted of answering the same basics and directing over n over to get with CPA to go over details. 

Looking into cash-out refinancing and DSCR loans and all of that but I'm getting ahead of myself as I don't even have the 1 yet lol.Nobody in my family has any experience with this sort of thing so I'm just hoping someone can give me their opinion on if this investment makes sense.The home is currently being rented for 2900 total (all tenants are month to month and have been there about a year each) and my monthly costs would be 1,200 included taxes, insurance, mortgage etc.I am considering putting the home on section 8 because the fair market rent would make my monthly rent 4k+ but I'm weighing the pros and cons on that avenue.From what I understand the biggest costs to me as a home owner would be a new roof or fixing the pipes for any reason..

My company only does DSCR loans and the first thing I ask borrowers is if they exhausted their conventional options.