@Jason Vermeulen you’re running a business and need to set expectations- not just for this tenant but for all tenants at your property.

Strasburg Bank, Apple Creek Bank, Sugarcreek Bank are some that have been here for a while, also check First Commonwealth and a great guy that just started his own business - Christopher Liebig of Nonprofit Mortgage (714) 499-5509 .   

Investing is a business and the business environment has changed from interest rates to contractors to tenants.

Who you do business with matters more than any other factor when you are a passive investor.

Monopolistic behavior, with complete and reckless disregard for the reason they are in business to begin with:  Us.  

Also after you are established, conferences are totally worth it because it screens out all the investors that aren't serious about doing business. 

We include lawn care in all of our rentals through a contract with a private company and just build the cost into the rent because tenants suck at taking care of lawns.

Hello Jennifer,I assume this was a private showing and not an Open House.

I will pay him off using another business credit line I have..key was that I  want to show that my down payment is not  borrowed money hence this plan

Make sure you set aside a monthly budget for maintenance and have the proper insurance in place for maximum protection.I would suggest starting with a single family unit before multi-family as you get used to the business.