if I did a drug, criminal, credit check on you, is there anything I should know?

And out of those, most are over $400k, in bad areas, need updating, aren't 'real' duplexes or are 70 years old...sometimes all of those things are true on a property.

The Senior Loan Officer Survey this week cited “uncertain economic outlook” and “deterioration in the credit quality of loans and collateral.”

Tons of house-hacking clients here in Denver and Colorado Springs will share a bathroom when renting by the room, so 1br in your scenario ain't bad, and with an extra bedroom comes an extra $800-$1000 (at least here in Colorado).Good luck!

The money paid in advance basically functions as a free line of credit, or it sits in a bank collecting interest, so it is a profit center no matter how you look at it.

Good or bad relative to other nearbyWhat means to you use to come up with your nightly rates?

If everything does as badly as you could expect which should never happen you end up at the high estimate.

I have purchased lots of houses with bad tile work that failed - in my own house, which I built, the tile work simply failed.  

To start off, I think the tenant should have let me know sooner before it got this bad, am I wrong?

I don't want to miss a good opportunity but I am also ok being patient - just trying to get all my ducks in a row, so I have the knowledge if something does come along - our credit is 800+ and we have about 900k in equity in our home with a 3.625 interest rate.