Congrats on the new job and full on adult life plunge!

And the 1 bath in such a large house really bugs me...must be a female thing but if I lived there it would drive me nuts to have to walk up stairs just to get to the bathroom.

If you do not want to rent to 4-5 adults (each on the lease, 4-5 credit checks) there is nothing that requires you do in most markets.

Depending on local laws, send renewal notices in advance of the end dates, specifying a requirement for an in-person meeting with all adult occupants by a certain date; provide them your application form to be completed and returned to you prior to this meeting so you can approve them; and advise them of the terms you will offer if they are approved.

I took a couple of local adult education classes that went over a lot of the basics.

My thinking is that four adults will cost a lot more in utilities, but I’m not sure if raising rent is something commonly practiced when there are extra tenants.

My wife and I very much want to get our adult daughter and her family into a house but the CU I called told me that we'll need 20% down to qualify for a loan on a second home.

Two 21 year old females decided to rent an apartment, it was easy to qualify since one of the tenant's mother works as the property manager for the owner who is also active in management.

My main concern is that I have control over property as I know how young adults are with making stupid mistakes, I know I made plenty in my younger years.

You know, a house is a coutable asset, and Medicaid would require that it be used when a spouse or an adult child is no longer living there.