It is an inconvenience for me from a property management perspective having to go through this "collection" ritual every month, yet at the same time manageable, since he does end up paying.

I had my realtor get the keys and take them over to the management company and have been collecting rent ever since!

However the one staying has to show proof of income that they are still able to afford the rental amount without the roommate.

It's a collection of the best flipping info from the site.Also -be sure to setup some keyword alerts - especially for "Stone Mountain" so you can jump into local conversations.See you around the forums!

The bonding company will likely require some type of proof (like an HOA zero demand letter) and someone will have to pay for the Bond (usually the Seller in Ca) and it is recorded at closing with the rest of the docs (deed, etc) so that it is never an issue again.

In Philly taxes are collected/withheld/remitted automatically.

Follow up to Question #4 – Show proof of your transactions.A. 

Agreed, waste of time if it's not collectible.  

@Steve Vaughan  unfortunately the seller does not have the right to collect the rent they don't own it.NOw if they would have done what I always would have done when I was doing these as a seller I would have done a wrap.. in CA its called a All inclusive trust deed.. .. the buy buying it still buys it.. but they owe ME the payment like a seller carry.. and I make the payment on my loan thereby knowing instantly if they are defaulting... when you default to  a lender it usually takes a bit to find out ... and the damage to your credit is done.. .also with the AIDT you have the Assignment of rents clause that lets you go after the rents...

Katherine Earle You and your husband know what's best for your collective success.