Welcome to the world of Owner financing Completely possible and a much better alternative to tenants toilets and trash .

If the HELOC doesn't pan out you may need to present to private or hard money lenders.

We take on all the risk- we keep the water heaters running, HVAC repaired, plumbing working and toilets flowing.

Good toilets last longer than poor toilets and clog less. 

The simple facts I like about it:  -No tenants, no toilets, and no trash.  

It just happened to pan out that way for my exit and never planned for it but I am glad it happened that way.

That will go to fixing the problems with this property that invariably will come up.Just because you don't have any CAPEX this year, doesn't mean your roof won't need replacing, your hot water heater won't die, or your appliances last forever, or you need a new shower/tub/toilet, etc.

You allow her to use the toilet but she has a responsibility to clean it when she moves out.

Tough sinks, toilets, door nobs etc.

My wife is hell-bent on tile, but that is more costly and I'm concerned about maintenance and safety (especially in the bathrooms and kitchen...urine stained grout and cracked tiles where tenants drop their cast iron pan on the floor...eeek + slippery when wet!).