Hey Patrick,My wife and I did this 6 years ago as we had our second child and simply ran out of room.  

Seems like an inherently basic personal expense for the support of your dependent child.

Does either tennant have a teenage or adult child?

There were some domestic issues (I feared for my safety, as well as that of an unborn child at the time) that I will not go into which caused me to have to terminate my lease early.

Has anyone taken the steps to give there child assets in the form of equity in property?

To see if they have equity requires searching to see what current market value is, via tax assessment and comparables sold in the area, subtract the loan you know about as well as any other liens that may be in place such as a 2nd, contractor, tax, child support etc.

I chose not to contact parents who might have lost their child for an example.

It might not sit right with other investors because they do things differently.After reading the blog post that is child's play compared to what some try to pull out there.

However; if it were for assault, or a crime against a woman or child, I wouldn't rent to them. 

Is the pet appropriate to the unit leased, is there some small child next door, is it a house in a rural area, case by case decision.A four year old Doberman or a 12 year old Doberman that gums is special diet dog food?