What if a tenant roommate accidental burns my house down, and it burns down a neighbors house by accident?

From the parent's perspective, it's a nightmare as they end up hating their roommate or want to move or the roommate drops out, etc, and you're still liable.

I am living with a roommate and assume we pay equal rent.Lately i've been reading some other threads and started doing the math using some of MikeOH's calculations and realized i might be losing money, especially now that my assessments went up and they levied another 3 years of special assessments.basically gross rents are about 18,000 (1500 per month)expenses: 9,000NOI: 9,000Debt Service: 9600 (800 per month)So if I used these calculations just to analyze the deal, I should have known right away I was going to negative cashflow.

Do the same when looking for a roommate and you are the owner.

i am currently comfortable with the least amount tolerable, but i am at a different stage in my life than you are (26yr old).we currently pay $800, with $580 of that coming from two roommates.

First caller said he was from Boston and he and his roommates were knocked over when they read my ad.

I'm a renter now and would bring my current roommate, as he would rent a room from me.

My roommates can be messy, and I pretty much have learned over the past few years that being a landlord is something that I probably can't handle.

I am paying $1320/mo rent, I have 2 roommates that each take a share.After Utilities, I'm shelling out ~600-650/mo to live in this place.

Anyone who thinks he or she can do all of these things is way over their head.When I had a situation where things had become violent between a tenant and their roommate, I told her to bring in the police.