Your aim is to be financially succesful, with a strong healthy body, a balanced, calm, wise and knowledgeable mind and a strong spiritual, all humanloving kind of person.

If they do not pay or stop paying, you would have to foreclose on them which can be time consuming and costly.

They can get time consuming so I understand it.

you can google this   there are 12 states that require state and NMLS registration.off the top of my head.TN  NV  OR  CA  ( in CA you have 3 choices real estate broker license , consumer finance license, MLO with NMLS.)one of the Dakotas i think ..  

Pain in the rear (time consuming) to remediate?

Read books, the forums, watch videos, listen to the BP podcasts, (and other RE/business related ones), work hard, avoid consumer debt, and save money.

Stay Safe & Healthy!

Consumer Confidence.

I earn a healthy six-figure income but I wear regular clothes and most my renters drive nicer cars than I do.

I have been using rentometer in parallel with Zillow and MLS data to get my rental comps but didn't think to use it for 1 bedroom comps, that a good idea.My area has a healthy mix of both state and community colleges which could provide the benefit of demand for single room rentals from an audience that is already used to sharing common spaces so definitely worth looking into.