(If you see an IRS tax lien or a lien for back child support or any type of government lien, DO NOT go forward with the deal.)

A tenant's 18 year old child moved out.

I understand that a person cannot buy from, or sell to, a prohibited party, such as a parent or child.

Kelly I looked at recruiting agent for my firm years ago.At one point I did an active campaign and had about 45 agents at my firm at one time.I have found most agents feel entitled or won't follow the steps you tell them to be successful.They will skip some steps because they are lazy and want to "get rich quick" like the rest of the population which is why so many fail.If I add an agent say on a 70/30 split then I have to take time from my own deals where I make 100 percent to make 30 with them.The training and getting over their mindset takes so much more time than me doing my own deals.This is why I have only 7 agents right now.I got rid of the rest.Many companies try the 100 percent model but you get either new agents having no experience,part-time agents who are rusty,child support demands,irs tax liens,license lapses for education and or non-payment of dues etc.It is a huge headache to keep up with for a low return.If you go the other route you can train new agents for a fat split before they leave the business or train a select few agents that you want to feed leads to on your team.I just focus now on my own investment purchases and my own commercial listings.

I'd like to move in myself, with my wife and child, for a starter home and then rent it someday.

I grew up there as a child before moving to Canton.120,000 should get you a decent starter home in Woodstock.You can find one that used to be in the 180k to 200k range at the peak back in 2008 for 120k now.When looking if you are not happy at 120,000 in what you find bump up to 140,000 or so and you can negotiate down to your 120 range.You don't need to pay off your credit card balances just get them below 33% of available credit limit and it will boost your score.I know doctors that open up practices and have to pay off very expensive equipment over time but didn't know the schooling was so expensive.

The step rail isn't moving anywhere now.Make sure if you add a grab bar next to the washer dryer it is not in a location where a child or an adult could bang their head against it.Also make sure it hits the stud and you don't use cheap wood or drywall screws where the head will break off from the weight.Yes being heavy is not the fault of the landlord however dealing with the issue upfront is better than a bigger problem later.

He already has the additional three roommates, since they are sharing a location currently and will have some input into what is purchased.I think a lot would also depend on how capable the child was in maintaining order, cleanliness, and ability to collect rent.

That is, it may not discriminate against families in which one or more children under 18 live with:A parentA person who has legal custody of the child or children orThe designee of the parent or legal custodian, with the parent or custodian's written permission.Familial status protection also applies to pregnant women and anyone securing legal custody of a child under 18.http://portal.hud.gov/hudportal/HUD?

An example (of many potential scenarios) would be they start talking about family, you are able to deduce that there is a huge child support burden that could effect their ability to pay rent.