The key is to be consistent and treat all applicants the same to avoid any Fair Housing complaints.Nationwide, over 93% of tenants are paying their rent: https://www.nmhc.org/research-insight/nmhc-rent-payment-tracker/. 

However, they are subject to clearing your normal (i.e. treat all applicants the same) screening. 

So you are treating it like an investment. 

You have to treat the second mortgage as consumer dept and they are ultimatley responsible for it.

The only thing that might happen is they treat the property better because they know they're living with the owner, and they know that repairs will get done in a timely manner since you're living right alongside them, win-winIn regards to the LLC question, I'd look around more on BP forums and also ask a local attorney.

We treat them all as equally as possible, but realize some are very high maintenance, and others, sadly, have taken advantage of us, asking low rates to begin with, as they build, and then we make them a lot of money, only to ask us to lower our rates, so they can earn more by saving on our cost, since we are to them, essentially, overhead.

Not sure what a swarm of spiders look like, but if they really are black widow spiders and there are a lot of them, pay to have it treated. 

From the instructions for Schedule E, was confused about this line:Do not count as personal use:• Any day you spent working substantially full time repairing and maintaining the unit, even if family membersused it for recreational purposes on thatday, or• Any days you used the unit as yourmain home before or after renting it oroffering it for rent, if you rented or triedto rent it for at least 12 consecutivemonths (or for a period of less than 12consecutive months at the end of whichyou sold or exchanged it).So, does that mean that if I am converting a long term rental to personal use in Q4 of this year, does that mean that for intents and purposes I get to treat it like it was a rental all year for expenses and CapEx and I should leave the personal use days box blank?  

For example, you may be treated as actively participating if you make management decisions in a significant and bona fide sense.

You never know how tenants treat the property.