But I wanted in the game and with other circumstances our two works well for us and has awesome cash flow.

The long answer is it depends on the circumstances. 

And yes, in some circumstances it is considered a hate crime (criminal offense) to use racial slurs against your tenants.

As a woman in real estate and construction, I do seek out the other women for camaraderie, but I've never allowed anyone to treat me differently.

If they sign an estoppel detailing any agreements or deals or special circumstances that aren't in the lease or sign one and say there are none, you can save a lot of drama later. 

that's why you see homes that are worth 80k to go auction for 150k.. bank is going to make a PMI claim .. but the man/women on the street just thinks the bank is crazy.  

@Frank PerazaYou have your answer for the "what" question from @Lance Lvovsky, but depending on the FMV of the property in relation to adjusted tax basis, gifting may not always be the best answer.Facts, circumstances, and goals need to be examined to determine the optimal way to get the property from point A to point B.Might be best to let the the donee inherit the property depending on age of the donor, either directly or through a trust. 

Under no circumstances agree to any time extensions on rent.

This may even qualify for a tax credit depending on the answers to a Q&A conversation.Your CPA knows your facts, circumstances, and goals and will be best equipped to help you with this.

Is it ever, or under what circumstances is it a good decision to put a house under contract before seeing it?