There are a number of times I would have walked away early had I not had the tolerance to endure. 

It comes down to your own risk tolerance. 

The investors risk tolerance , their budget consideration , are they looking for a contractor with better communication and management , or are they looking for a contractor who can give better price but ok to bear with communication problems , are they planing to rent or are they planning to flip  .

Lisa,Depends on a couple of factors, namely the loan program, and the bank's tolerance.

Call around to find out eviction costs, and communicate the costs to him/her for the eviction if it comes to that.On the bright side, you have a paying tenant who at least pays every month, and if they don't mind paying an extra 10%, and they take care of your place, maybe you just decide what your tolerance is, and go with what you think is best.Lastly, if it ever comes to eviction, it is not as bad as people make it sound. 

Any words of wisdom from your experience is highly appreciated.My Risk Tolerance level is on a scale of 1-10 at about 6.5 :) Husbands is 4.5%. :) Never worked with any other mortgage other than conventional fannie/ freddie.And so hesitate..Thanks much for reading through.

What I usually learn later, is Mom could no longer tolerate having the child under her roof and was looking for a Mom replacement option.   

As a former investment advisor, one thing you really need to clarify and understand is your risk tolerance.  

So, really we have a 5-plex.As far as location, this is one of the safest areas in Wilmington due to Newport being its own township and having its own (no tolerance) police force.

Depends on your risk tolerance.