Not only covering the rental income in cases where the dwelling is uninhabitable but more so if the tenant defaults and stops paying rent and has to be evicted.

So, you end up paying money to file the lawsuit which gets added to what they owe.

Here's my situation:I own a duplex that is about 100 years old and my tenants pay for all of the utilities EXCEPT for city water (which comes out of my pocket each quarter).Both of these rental units could benefit from some plumbing updates throughout (e.g. - 1.28 gallon toilets, eco-friendly faucets, eco-friendly shower heads, etc.) as a way of helping this rental property consume significantly less water (enough to save me a few hundred bucks each year...

RE  Mortgage banker etc.2. criminal and credit back ground checks with redacted personal info IE SSI. but you want them to know your not an ex felon or did not pay your child support etc.3.

To make matters more challenging, my area has a low wage standard, making it tough to find opportunities that pay more than $10 an hour.

It sounds like you told her to pay yesterday, but didn't ask if she could pay.

They pay all the utilities.

We collect payments through our in-house loan servicing and pay underlying mortgage.  

If you borrow $100,000 and invest that in a property, you are paying the mortgage on the new property and the HELOC on the money borrowed.

Todd,A Reverse Mortgage or HECM loan is an Agency backed mortgage that allows you to access a portion of your equity with no payment required, the interest you're not paying gets added to the loan.