The inspections were done in November but because of the holidays, the financing period was extended due to the banks needing extra time to close.So after taking over, 2 tenants told me that their furnace is out and the previous owner was notified.

Extended periods of intense work can have negative effects on your productivity, including burnout.

Just don't let them not pay you rent for an extended period of time because if you are new to being a landlord a lifelong tenant could take advantage of you.

I would not put the effort to extend the gas line to a future fireplace location if is non existing already, unless you are doing a major rehab.  

Or Are you saying they would extend a line of credit potentially that would give us more flexibility.

They still have the software, the deal desk team, the phone support etc.We have some people come here to this forum claimer that we would not fund any deals for them when we have even extended a loan offer to them on properties.

@Kevin MayYou must treat the handyman as an employee/contractor dependent on your relationship with him.Below are characteristics of a contractor relationshipThe contractor works on his own scheduleThe contractor has his own toolsYou deal with him on a job/task basis and your relationship is not necessarily length based.Exactly the opposite for an employee relationshipYou dictate the his/her scheduleYou provide toolsYou have a relationship that extends beyond that of the job/task assigned to him/her.

The statute extends protection to the seller who reasonably believes the problem had been correct. 

My wife and I have many discussions about being future landlords, and the one topic we butt heads on is if it's okay to let your tenant have someone live with them for an extended period of time.

Hi @Lauren C. could you provide the approx. size, price, duration of the job they did?