I think you'd find it difficult to get where you want to go with your $85k and I don't think use of those funds for that purpose puts you in a good risk profile with regards to capitalization and exposure, personally.ID of a multi-family that you can rent out...

It just depends why and for what purpose you want the property as to whether or not it is a good deal.

If Room and Board are an expected part of the deal, you'll likely need a responsible adult living at the home.

Here's an interesting one: who is responsible -->My client sold a 4plex - in the negotiations they agreed to cover costs for a Home Warranty for the new buyer. 60 or so days later - the property closes at a title company.

@Joshua Huang thank you for your response.

I am completely and totally hooked on the power and life changing ability real estate investing has, and it happened by accident, sort of.I bought my 1st house like most young people with an FHA mortgage, in 2015 with...

contacted @Michael_Plaks no response. 

Can I legally put provisions in a lease agreement making the tenant responsible to:1.

I wrote the above for informational purposes.

It is absolutely mandatory that as a responsible landlord you have a zero tolerance no smoking policy.