This includes not doing the termite inspection.

Obviously this is a huge concern, as a tenant could sue you as an individual for liability of the property, and in a country like this that could bankrupt you.

I am 23 and married and just about to finish my bachelors degree this Summer.

I never heard of option 1 and I have been doing this for 20 years. 

I’ve tried searching for people who have been neighbors to their tenant but haven’t seen anything yet.If you have experience in this I’d love to hear how you handled the relationship of tenant/neighbor. 

This way, even if the monthly payment remains the same, the amount you pay towards principal each month goes up. 

Can i do this hypothetical?

She was overwhelmed and needed help, so we stepped in to take care of everything for her.What made this deal different was the level of support we provided.

think about how long it will take to recoup all the costs i just mentioned.if you want day 1 cash flow... open a savings account.hope this helps.

Any tips or opinions on this topic would be much obliged!