The 1031 exchange (and the ability to deduct the interest on your investment real estate loans) may eliminated soon.

Thanks to DeeperPockets.com I now know more about the rental business and am more confident in my ability to turn the house around and protect my investment in my house. 

@Kevin Schaefer,Seems to me you're missing a couple of key elements here:- a buyer- the numbers on the propertyUntil you know the numbers for certain, it will fall to a potential buyer to do that research.

This will allow you the ability to terminate if she does not work out.

If you do retain them, I would treat them like a new tenant and at a minimum income qualify each adults ability to pay the rent at the new amount, and do a background check.  

Hi there Ted,Research and a willingness to look outside of the "Seattle" box, are definitely two key elements for success in the area.  

Based on the age of the home, you should get it tested prior to removal.I live in an older DC condo building, built in 1967 so there are several elements in the buildings that have asbestos.

Our Network has relationships with multiple private lending program opportunities matching you to the product that best fits your need and ability, whether good/bad credit.

I have embraced debt to grow, and it has worked, but now I am getting a little jittery as I have surpassed my ability to repay the debts from other income.  

Martin, @Wenhao Leu, and @Al Williamson are some brains to pick -- I've never done it myself, I've just seen what the tax returns look like a few years down the road once the business is up and running.And this is where your sales ability comes in.