Additionally, I personally like the Northeast market, much less competition since people interpret the tenant friendly aspect as more challenging, but with that comes less competition.

I'm not an educator whatsoever but feel free to reach out with any questions. 

Thanks Jason.I personally don't want to have any liability on my primary residence (Apart from Property tax of-course).That's the reason I am looking to do this is to ensure that if I am secure.

If he agrees to let the other person move in, make sure you put that in writing and have it signed by all parties.

My family owns REI Nation and Premier Property Management Group, and while we primarily operate in the Southeast, we have one of our main offices in Southlake, TX.If you’re ever in the area, feel free to stop by and meet the team.

Personally I'd disable, winterize, or remove it due to costs of maintenance.  

Just to really drive the point home on how easy most of these owners are to find if you're using a true quality skip trace service, feel free to message me and I'll personally run a couple for you and send you full reports on the owners and possibly the owners' relatives if I see anything that makes me think you should be contacting relatives.  

Hi, were you able to find a person with experience in creative financing? 

Are you referring to the crazy law where if you buy a property from a deceased person (we have had this happen via foreclosure) that you (even if you were the lender) are responsible for inheritence tax. 

Feel free to contact me with questions.