Quote from @Henry Clark: Quote from @Ashley Wilson: @Henry Clark I respect your perspective, however in my experience (I have coached over 200 students) the majority of students don't know where to start to analyze a deal.

Keep in mind that owning rental properties, even if it is a house hack, means operating a business and thus should be treated as one, respectively.

With respect to paying $44k off on your HELOC, I personally think that is totally fine and a great start. 

The work around was a Mexican bank was the owner and lease it to the foreigner.It's within 50 kilometres from the coast and 100 kms from an international border, so 31 and 62 miles respectively.

However, I emphasized the importance of open communication and encouraged them to reach out proactively if they foresee any challenges with future rent payments.

but about assigning responsibility for the adherence to your lease terms and respect of the property.Best...

Your GC will know how to apply for the correct permits.Avoiding the issues in the future is a function of respecting the permitting process in the first place.  

Please respect our landscaping .

I love how you emphasized the importance of educating investors about the market cycle and long-term strategies—it’s all about creating a win-win partnership. 

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.