If the tenants destroy the property, then they could loose their benefit (at list that's what the Sec 8 office told me I never experienced it) Also Landlords are allowed to give surprised visit to applicant's current resident prior to approval and if the property is kept in bad shape or they don't allow you to enter and inspect, then you can decline the application.

Recouped the cost in 16 months by giving the charges to the residents.

     We bought our primary residence here in L.A. 3 years ago and currently have $425K remaining mortgage.

It will be my primary residence and owner-occupied.

We've been using the following system/software and it's been extremely helpful. http://www.transported.co/321-timber-glenn-way-ind...This allows us to virtual walk through's of our properties so residents can understand the feel and layout better than pictures could ever tell them.

He talked about how the average cost of assisted living is 74,000 per year for a single resident in a normal home.

My wife is an amazing decorator and we are toying with the idea of leaving all furniture/ammenities in the house and renting to mid-term renters (people relocating needing a place while they get settled, healthcare providers doing residencies etc..)...I'd really appreciate any feedback from anyone who has experience with this..ideas on advertising, pricing rents, contracts etc....thanks in advanceBrian

The work required is very little.This is y first BRRRR, as my other units were previous primary residences.

As a resident of New York for many years I will, with enormous difficulty and restraint, refrain from making any comments about the Highway State here.Now to some more of the helpful part:I am reasonably certain the landlord's post-contract stipulation is, as you are certain, illegal.

Also consider, if you have the interest/knack, etc - look into possibly house hacking and/or buying a multi family residence and renting out part of it!