The last thing you want is evidence that you treat people differently or that you don't equally apply lease terms.

Hi, I would use a 4X6X16' treated post near the building and sink it 2' below the frost line (about 4') in concrete.

Local custom will dictate how this is treated.

If there is no mortgage, the guy who put up the money should be treated as if these was one, a payment to return his investment plus the rent on his money.

If you stay there less than 14 days a year, you get to treat it as a pure rental property.

How you hold the investment will determine how gains and losses from the investment will be treated.

Just provide a safety net for the agent and treat them special when you do business with them.

Regardless of my views…I think that the reason “winners†are not treated with the respect they think they deserve is that they are robbed of some of this respect by a system where financial success is not perfectly correlated with having made it on one’s own.

Also, I would estimate that you will find another $5,000 +/- in deferred maintenance once you get into it.Even though you will be living in it, you need to treat it like a rental.

As far as neighborhood- also I have diffenrent philosophy--specially in Atlanta market -- no offense- but I stay away from low income --black neighborhood--- also opposed to Section 8 tenants - I prefer to buy in good neighbor hood--with only few rentals in a subdivision --that way --my tenant maintiansproeprty well as per neighborhood- and appreciation is much higher-- and they treat house like they own or would like to own.I never had problem in 18 years-- Sorry to disagree --but yeah todays market may be different --I am not buying any rentals anymore.