If they pay late, but always pay the late fees, they are usually OK to hold onto until their lease expires, then get rid of them.Your life will be better if you run like a business instead of a charity.

I personally would start with family members and ask if they would sign a promissory note with simple interest so that you can take that loan and invest in buy/holds.

Remind her that the place was rented as is for $1200 and that only one person can be living in it. 

But from personal experience, your penalties and taxes on early withdrawing from any IRA or 401K can total from 35 to up to 50 percent.

There are so many experts on here it is tough to stand out, but picking say multifamily or 1031 specifically will help drive a ton of business.

You might also meet someone that could be a potential business partner.

I’m a Senior in highschool planning to go to college for Business management - real estate minor.

It's personal liability I am seeking protection from. 

, or frankly just well-intentioned government regulators looking to stay active in their bureaucracy (I have personally seen this) get involved, then that same interpretive leeway gives the regulator even more power at the expense of the public interest.

She works for her mother's business and needs to move back home.I have read that my tenant is responsible for paying the rent until a new tenant is found.