That's a lot of gambling if you ask me.Then lets think about their case.

But it feels a lot like gambling to me, and I'm a terrible gambler. :)I hope you'll take this in the spirit intended, but it sounds like you are trying to keep all your options open.

Mainly because I am not good at it, and feel it is just gambling.

In other words, just letting them know - means they now know, and so they have been given notice.So, just spam them with 60 day notices LOL. 

Sorry to spam your thread lol, but as far as whether to explain the contract or let them just read it...I never trust someone to quickly give me their version of what's in a contract I'm going to sign. 

I think maintaining open lines of communication with the tenant and family will help the situation tremendously.You're taking a gamble, but it's one I would probably take too.

She won't be able to keep up with his spending, or gambling problem or whatever it is.  

If you were single, no kids, I would still say not enough, but the gamble might be a little easier to swing. 

If you’re rents dropped 20% you should still be in the positive long term or you’re gambling.

That's why I'd just take the $34 gamble.