The owner is at risk for workmen's comp matters as well as you in supervising work.In Missouri as well as other states, an installment sale is more acceptable as far as holding an ownership interest, building permits are easily obtained as you can call yourself "an owner", you have an insurable interest for policies, material suppliers recognize your authority to encumber title with respect to liens in the event they aren't paid, the seller is released of liabilities as you will be considered the owner.

If your aim is to troll the discussion, think again.

The under writers are willing to give me 30 days to fix the garage or they will revoke the policy.

College kids tend to move year over year, so be prepared to get good at your move-in/move-out policy.

A renter can try and argue that they have paid the rent and not the utilities; however, your lease will reflect your updated policy.

However, you might feel better by paying a title company to given you an Endorsement of the Lender's Policy.

it's worked well for me in the past as a policy and seems to get me 20%+ more rent then the market would normally bear.

Make sure you carry a good insurance policy.

They had to get a special permit from the town, and I required a special insurance policy of $500K before I would consent.

Out here in the Central Valley a lot of nice homes will aim low and let he must've offers bid them out.