One tenant however, did refer to having their rent pro-rated by the number of days that the situation would last.There is a clause in both their leases that they are responsible to carry renters insurance to protect their personal belongings against fire, theft, flood, loss of use etc. 

Usually, we'd be really safe and happy with our responses for someone like you but I need to make this one be a little more firm if you don't mind - you are not to do anything that you don't understand.  

If you live in it at least 2 years, you have the option to sell within 3 years after move out and not pay capitol gains taxes on up to $250k in profit as a single person.

Hi AllThank you in advance for your time + help.I am wondering what kind of arrangement you all have with your local person who stops by the residence in case of problems.

I imagine there are a lot of 3/2 that probably sleep 8-10 and if you can offer a slightly larger bed count and a cool game room/theme room you can differentiate yourself a bit from your competition and get some extra revenue through slightly higher rate (extra person fees, etc) as well as an overall higher occupancy. 

Eventually, people may start to default on their mortgage payments, not from a lack of being responsible, but because their basics of food, transportation, and medical, and insurance payments have all gone up.

A good way to look at it is to ask if you would be legally responsible if the board voted on a special assessment.

Many nightmare stories about house next door a drug house, or issues with that location or street that would not be known until you visit Hi Chris, thanks for your response.

Can a person own two homes with two VA loans and refinance one of the homes  into a conventional loan freeing up some of the entitlement which would enable you to buy a 3rd home under the VA loan?

If someone injures themselves and sues, they will be suing the LLC and not you personally.