Legal Zoom and Rocket Lawyer can put together a bare-bones agreement, but they usually don't hold up well in court if there are numerous partners or special arrangements, which is what it sounds like you have.

I agree...not sure about your state, but, if you don't have a payment, partial payment, and/or specific payment arrangements with explanation of when and where the money is coming from by your due date or grace period, let alone 2 weeks into the month, you have to start the process....In CA we give them the 3-day notice to pay or quit, that has to be non-responded to before we can actually file for the eviction, that cost another $500+ depending on if they dispute it.Of course, you should try and talk to them and gauge their intentions and let them know yours before any action.

When they contact you ( and even the tenant that’s gone dark will call) to make arrangements to pay you can negotiate whatever deal you want wave or keep late fee, (if they can’t pay rent a late fee is useless.

Most room renters are that just to get cheaper living arrangements.

In my market area, good contractors are so busy that I would expect this arrangement to play out with the contractors telling the tenant when they are coming, and the tenants will have to rearrange their household schedule to accommodate him.Option 2: Tenants acknowledge that they will trade their discomfort with a tradesman in their home when no one is home for the convenience of having the work done in their absence and not having to live in a construction zone for several days upon returning.I agree with what Account Closed said. 

I house-hack over in Village 7 and it's been a phenomenal arrangement so far, good luck! 

I have done this arrangement a couple times in my short career and every time I did I got my gonads kicked up into my throat vigorously .

I've already got tentative financing arranged based on one strategy, although the other would probably be easier and faster to get through permitting. 

The arrangement you're most likely to be offered is a $/hour amount to sit the open house but you have to give the leads to the listing agent.

This will significantly harm DTI.Unless you're ready to give up the FNMA-subsidized 30YF residential loans already, or unless this is the last mortgage that person wants, such arrangements rarely make sense.