This can be determined by doing some very thorough DUE DILIGENCE before you pull the trigger. 

But, I would insist on a 5% down payment, a $200 per month rent premium that would go towards their equity, a fixed time to pull trigger and they get their own financing and also that they are now responsible for all repairs up to a set limit.

Not to mention that adds some considerable cost depending on the type of back-splash. 

Any time name on the title changes, this close gets triggered, and your mortgage is due in full in 90 days or so.

Hello all,I have been doing quite a bit of research lately and am within a few months of pulling the trigger on my first property.

Property Management has certainly been a consideration of mine for awhile.

I'd strongly suggest getting tight with a local investor friendly lender before pulling the trigger, who will have a conversation with you rather than read a script, to ensure you aren't stuck in that hard money. 

& @Casey Mericle  IRA lenders is a good idea though this isn't for a IRA transaction@Michael Le The broker I've been chatting with has said $1mil+ for balances but maybe that is due to transaction costs being a considerably higher % as you get smaller and smaller.  

That would quash the LO idea for me.Sub2 may work if you place a TB on a LO that is handy and wants to earn part of their option consideration in the form of sweat equity.  

We're still working out the details, but they have confirmed adding someone to the title would in fact likely trigger the "due on sale" clause.