How long do you think you would be renting from us?

The objective is to make a profit, not merely own real estate and this is often forgotten. 

The compensation amount must be written in an object format (i.e. percentage of purchase price or flat fee) and not be open-ended.

In terms of taxes, I would look at refinancing down the road and getting a PITI mortgage.

Their lease term ended, they converted to a monthly rental, so they are only required to provide you with a 30-day notice.In the future, consider keeping tenants on a term lease.

I'm giving as much objective transparency as I can below. 

As for the 2/1 unit There is a long term tenant (10+ years) that has a great relationship with the landlord (they seem to be friends as well) and has been paying rent on time ever since they have been there.

The host, Justin Kivel, breaks down the terms and underwriting in a way that is easy to digest and in bite size videos.

Like for student rental it is a must to take on 10 or 11 month lease and making sure house rented back for next year before the September term starts.

Frame and finish a L shaped wall in the current recreation room wall approx 7' long x ~18" deep.B.Remove door to "office" and open wall to frame out closet, or just close off.C.Remove wall separating bedroom and office (wall is ~7.9 long)D, F, G Close off 3 interior doorsE.