Selling the home to my tenants would keep me from having to put it on the market, advertise, and pay real estate agent fees, while helping these first time homebuyers too.

What will suck is if he builds a house on it and tries to sell it and when the buyer does a title search they realize he owes a bank $71k + late fees etc etc.Can they go after him personally if they foreclose - it is my understanding they cannot (not an attorney) as they can only take back the property.

There was no max amount that could be charged over the years, or limit to how high or often the HOA fees could go.

Now keep in mind though on your second VA loan the funding fee goes up to 3.3 % unless you are willing to put down 5% which will then bring the funding fee back down to 1.3 % i believe.

The option fee would be a just that, a fee, in order to buy the option.  

That is my main focus referring notes for a fee. 

Where you'll find the most variance is in lender Fees. 4.

My lease has that rent is due on the first, late fee of $50 late fee on the 2nd.

It's all about numbers.I haven't done AirBnB but from what I've gathered, people either do the cleaning and such themselves, or they have a go-to housecleaner to do it each time, or some companies specifically manage AirBnBs and charge a management fee to keep everything where it needs to be.

Ever since then I got low enough with junk fees rolled in and everything to get for 100% financing.