Renting to a friend can complicate things, especially if you're starting below market rent.

The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).

.: Anyone else getting phishing attempt warnings from using this site ? 

I recently signed up for BP and found the calculators on this site to be very helpful.  

Ask to see the approved final site plan for the first phase.

Do you have any advice on particular sites to look into to find tenants like this needing placement?

I signed up for something on Ron LeGrand's web-site (the free access portion).

Unfortunately, it's now going to get more complicated:(There are two types of approaches PMCs use to bill for maintenance:1) In-house ServiceTechs on the payroll, so owners are billed for their time by the hour.While the labor charges above are useful, they don't cover the true costs a PMC incurs, like:- Payroll costs for FICA, Social Security, Medicare, etc. that typically add 25-40% to the hourly rate- Medical insurance costs for the worker- Payroll processing costs to handle all of the above- Liability insurance costs in case worker damages something or injures someone- Workman's Compensation insurance- Costs of vehicles and tools- and more...Typically the management contract will disclose the total hourly rate an owner will be charged.

This is a very complicated business.

Quote from @Kelly Giarrocco: I bought a vacant property on Sherriff sale last year on the ********** site.1.