If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Homeowners can rent their house to individuals looking for vacation opportunities or they can rent their house to a business owner who intends to use it for business purposes.Shifting Income from Your BusinessIf you are a business owner and do not use your home as your primary place of business, employing the Augusta Rule can be an effective strategy for moving income away from your business and shifting it to personal income, where there would be no tax consequence.For example, as a business owner, you host a monthly meeting with your Board of Directors.

Say you do let them move-in as well and they end up smoking inside, you could end up paying a lot to get that smell out.

Just realize this will also lead to issues down the road when the four living there decide to move.

I would either move out and do another house hack or do some sort of value add project so you can recycle at least some of the money.

This time around the seller was retiring and moving so he was looking at selling it quick to get some cash for his move.

Moved to MF in 2020. 

Too many of the investors who came before us moved in to their rentals and sold them tax free. 

Near the end of the lease he sent me a text saying he had moved out and left the keys in the unit.

These failures are common and help you learn what works and what doesn’t as you start to move forward with your plans.Embrace early failures as a natural part of starting something new.