I thought when I first started renting out this house that this would be a nice add-on for a family with young children and families are often the ones to rent this property.

My mind says better school districts will encourage tenants with children to stay longer, but is that reflective of actual experience in these areas?

They'll have a tester call on a 3 BDR with 4 children and document the comments about occupancy.  

Since passing the exam, I now have young children as additions to the family. 

At that time it would be clear that there were children and probably another adult living in the property. 

As a result of our move, our goal is to invest possibly this year to early next year of 2020.My husband and I, we do have same goals of what we want, by investing in real estate: Being able to focus on family more (we have two children).Travel more (and not just to our work, which takes at least for me right now 3 hours per day).

Not saying I believe it or not, but it is a heck of a datapoint.The U.S. homeownership rate may fall to as low as 55 percent because more Americans are choosing to rent as they postpone getting married and having children, said Sam Zell, chairman of landlord Equity Residential.

Do you have children of driving age to whom you also pay an “allowance”?

I'm still a little hesitant on this tenant, it is a family, with two small children both earning incomes but the primary question I want to pose is if we go through with this what could be the ramifications if they decide to go through with filing for bankruptcy, and any potential wordings in the rental contract to protect us the landlords.This is in North Carolina for reference to tenant laws and any of that matter.GUYS!

Then to get 60000 Can$ per year I need 20 into 60,000$ worth properties equal to 1200,000$ in today's value during next 10-15 years.At the same time I need a own home to live where it should be at a convenient location to my children's schools which they attend now from my recent rented out house.If that requirement met, I need bigger down payments and bigger mortgage instalements.But I will meet my dream own home earlier.