And PS, keep your job as long as you can.

As long as they’re familiar with the market you're buying in, it usually doesn't matter too much where the lender is located.

The agreement includes prior and future tax years automatically so as long as I pay the monthly amount the taxes are considered in good standing.

I am also open to a longer rental as long as I could use this place for 1-2 months as a second home (summer or winter break). 

Some posters told me I was too strict, and as long as they are paying, be happy.The rent price is $1350 and she paid $675 on the 4th. 

As long as it is legal.

@Jon Martin You are right , if you don t know how to market a property and get direct reservations you should not attempt to co-host or triple net lease a property.You fail to mention that leases on a property can be as long as 30 years.Long leases are a way to give both property owners and management companies favorable terMs.

Disclosure: I have only done this with MFR properties but according to the state it should be acceptable with SFR property as long as you claim holding it solely for investment and not your personal residence as you would already get a better deal.A few other slight perks of SC compared to some other states is the taxable value is not retroactively applied. 

**Rental Income and Management** - Since your siblings pay rent that covers the mortgage, you have a buffer as long as they continue living there.

You would have depreciation recapture on the items you depreciated (75k), taxed at ordinary income rates and then any of the actual property appreciation would be taxed at favorable capital gains rates (50k). 1031 exchange will allow you to defer all of that gain as long as you meet conditions.