Your risk and stress is going to be higher without a financial cushion.

Whatever your challenge, take a step back from that wall and evaluate the entire situation.

With our rural site situated midway between the DFW Metroplex & Austin off I-35 with easy access from San Antonio & Houston as well as cross-country travelers and even international visitors from Europe, Canada, Australia & Israel, drawing guests was NOT a problem. 

You have to talk with the seller to see what their situation is and what will work for them.

I suggest buying a brick building if you go that route- was in a similar situation in 2018 and bought a wood building but wish i had gone with brickstraight up chicago real estate investor podcast is a great way to learn what others are doing all over the city

Quote from @Peter Morgan: Peter, you need to cancel this lease and get them out.Seven is the absolute maximum occupancy, but you should be very careful about roommate situations.

It really depends on the market, an investors goals, and their individual situation if an investors would switch to multifamily. 

@Corinne Faivre, so sorry to hear about the terrible property manager; that is always stressful.

Of course, this requires mutual trust and written agreements, but any joint business does.The only situation where a true partnership and an LLC is unavoidable is if you also split costs, not just the fees.

I have a few questions about handling this situation:- should I hire and pay for a plumber to go into their unit to cut open the ceiling and identify the source of the leak?