Plus, its going to get crowded if both parents have to sleep in the same room with their baby.

Well, two days after listing the house we got multiple offers, some over asking, and I could not be happier and more grateful to God. 2017 was the year when I went through the lowest point of my flipping career (albeit a short 2-year one) after losing a significant amount of money and sleep and weight, hair, smile, relationships, self-confidence, and self-esteem.

If your tenant has a decent AC and sleeps better at night then they will be better prepared for work the next day, So they can pay the rent.

There was a vacant house across the street from me (in California) where my neighbors found a homeless person sleeping in the backyard overnight.Beware of the brazen daytime burglary.

Late rent and utilities, smokes a lot of marijuana in his room, loud when we're sleeping, and the list goes on.  

Additionally, the Texas Property Code’s definition of “an area of a dwelling intended as sleeping quarters” applies to rooms offered for rent.Whether a bedroom must have a closet is not governed by the IRC or Texas Property Code, but local residential codes may require one, along with heat sourcing and other amendments to the IRC.

You lower the risk to something you can sleep at night with by establishing good relationships and building your out of state team.First,pick an area you believe is doing well selling wise and go there.Call the local real estate agents and set up interviews and ask them about their experience working with investors.Weed out the rookies and go for the ones with at least 10 years or more under their belt.They will know everything you need to know like hottest neighborhoods,best hard money lenders,and who are the most respected contractors in the area.After finding one you like,start interviewing General Contractors that know how to lead a project and have a proven track record.Ask them for references and past jobs they have done and verify they aren't lying about it.Once you have both people in place,find a property and put them to work.You can only build trust by watching them in action.After you get home,establish clear communication with both of them.Make sure the contractors have an iPad with Skype so you can watch what is happening on the job site live and verify the work is being done and the crew actually showed up to work.Make the GC prove that progress is steady and no goofing off is happening.Once trust is established,you will be able to do business with them throughout the year and everyone makes money.

Having the property owned by an LLC adds an extra firewall the opposing attorney has to get through.Overkill helps me sleep better at night.

And I could sleep well at night. 

Either that or buy a tesla to take you to work every day and buy as far away as you want while you sleep through your commute. :)