Well, let's just say it's complicated... the landord is actually my in-laws... we just got married.

I am married I hear "no" alot .

Or would that not fly, considering we are married?

When I got married and started a family I realized I needed to put that energy into creating a better lifestyle and future and eventually became intrigued and consumed with studying real estate.I've spent thousands of dollars and hours studying courses the past year.

Thank you to everyone for all the great knowledge.As for me, I am a 35 year old married father of two little boys and currently work the daily grind as a PM for a large NYC Mechanical Contractor.My wife and I purchased our first home, a small cape, in 2005 from the original owner.

I did my research and found that one of the properties is actually occupied by a married couple.

I don't have any legal advice to offer either.But, I would set a reasonable rent.... if tenants bid more AND quality, fine.Back in college I applied to rent a condo.The owners accepted another couple instead who was married and older (more income).

My wife and I were married last October. 

I am 27 years old as stated above not married and no kids .

In this case, if you bought the property and lived in the property as your primary residence for at least 2 years, then you qualify for the 121 Exclusion ($500,000 tax-free as a married couple).