So most hands-off and absentee landlords just keep on trying to maintain these out-of-date systems well beyond their natural service life.

Our finances currently look like thishigh interest credit card debt -$10,000student loans - around $15,000vehicles - around $25,000 (700 mo.)current mortgage- $100,000 (750 mo.)Salary combined - around $90,000 yr.I am wanting to do something along the lines of the book "set for life"What I would like to do is pay off all bad debt, maybe student loans also.

A "mold inspector" is qualified to use the word and a mold remediation company is qualified to clean it up.Instead of hiring someone qualified to determine the scope of the problem, the proposed solution is to grab a bunch of other non qualified people (the HOA and neighbors) and have them provide resources to determine if.... wet spot in one unit = Life damaging problem.My solution is to hire a qualified mold inspector that he pays for.

I use 10% until I have the property inspected to determine the current condition and life expectancy of all major components and appliances.  

That he wants to spend the rest of his life, however long that may be, as a human being. 

If it turns out that things change in their life, I have a "friendly buy back program" where they get some of their Option fee back if they move peacefully. 

Is there a tipping point for number of roommates to house hack with before it interferes with quality of life/vacancy rate/price per room?

I consider myself reasonably educated, but could not for the life of me find that. 

I’ve just finished reading Set for Life and it made my interest in real estate just get bigger!

@Samuel S.I've lived in the downriver area for most of my life.