@Mark Ugarte Off and on we have lived next to tenants and depending on the tenant it can be fine or disturbing to your quiet time. 

Sit down with a pen and paper and reflect on the beginning of this tenancy.

Planning to treat the LLC as a partnership where I will sit as a GP and create another Blocker LLC Corp that will be treated as an LP.

And oh by the way, you're sitting on 60k in equity right off the bat. 

You're sitting on a goldmine if you leverage it appropriately.

Did they just come on the market or have they been sitting - might have wiggle room on first offer being sent for both.

I used to sit at a desk, I much prefer the constant moving about and being outside, the work suits me. 

Maybe insurance will cover it.The property manager can't possibly sit in a rental 24/7 to ensure nobody squats.

-- Roommates could accelerate your savings and give you experience dealing with tenants.How are you going to handle two mortgage payments while your rental sits vacant for a few months - or do you naively think everything rents instantly?

As Account Closed said, all investments have the potential to lose money, but you also don't want to sit on the sidelines forever.