Additionally, why do you need to be on site? 

If you did that, does that additional house have to be a single family? 

The Beltline does add some promise to the area and is currently under construction, but without additional supportive infrastructure, those markets aren't going to change drastically in the short term.

You also get an additional benefit of depreciating the improvement/house over 27.5 years.

Participation in actively managing the property, in addition to other factors, changes whether or not losses from a rental (losses that may include bonus depreciation) can be used to offset non-passive income (W-2, 1099, etc). ...

Additionally, central HVAC systems typically require less maintenance and provide more consistent cooling throughout the property.

They haven't missed any payments last three months and requested to add additional roomates so that they can be on top of their paymentsI personally think 7 roomates in a 3bed 1ba is little too much for the apartment that also has a shared laundry with another apartment,not to forget the wear and tear with so many people.Should I continue with them if they are keeping the place generally in condition or ask them to find another place within next couple couple of months or so.Interested to hear thoughts from other experienced members here.Appreciate your inputs.Thanks

It seems reasonable to ask for proof of employment, perhaps a (small) security deposit, but beyond that, they don't want to bother with the usual "getting an apartment" paperwork.

Note all investments, including real estate, carry the risk of loss in addition to possibility of gain. 

What type of loans are appropriate for business owners and self-employed individuals to scale past 10+ properties?