The $840 mortgage and expenses are covered nicely by $750 in rent (housemate on my primary residence) and $1550 in gross rent on the duplex. 

The structure would be covered under your insurance, the tenants should have renters insurance.

Will the rent cover all your costs (mortgage, taxes, insurance) plus extra for unexpected things (repairs, vacancies).You will probably get a lot of different answers on here because there are so many different types of investors.

I'm glad to have two good options for the next property.Did my own listings and tenant screening. 

Hi all,Can anyone refer me to any eviction lawyers, preferably from personal experience.We work on underperforming 4-12 unit multifamilies and a large part of our value add is cashing out / evicting tenants - we want to make sure we have an attorney that we can run through our paperwork / cashout model to make sure we are covered from a legal perspective.We work on properties in downtown Los Angeles.Thanks,Glen 

I do not believe you will be personally liable for his debts but if he finds the income from this property does not cover his payments then he may look to borrow from the profits or you.Best of luck and congrats on finding a good deal

We need to send a cover letter with several pages on the bottom as an appendix.

Kathleen R. mentioned.)Bank: 1 Separate account to cover the entire building. 

Looked into it once before but for the rate they gave me I didn't like the fact that I lost some capabilities my current loan servicer offers like putting my loans on hold if I go back to school (and subsidized loans' interest being covered during the time).

We will have $ to cover the Mortgage on a monthly basis even if we don’t have a renter.