Investment Info:Single-family residence buy & hold investment.

I've only had short term guests through VRBO and did not have require background checks.

As is price point.. this will give you a better long term outcome.if you buy way under median your getting into renter dominated neighborhoods and schools for sure will be bottom ranked.. instead of going East have you considered Vegas.. lowest prop tax's basically in the country. no big weather issues  desert landscape super simple to take care of.. and Stucco homes with tile roofs no big thunder and wind storms to ruin roofs etc etc.. you can buy nice rental house there is a solid B location for about 300k. just worth checking out if you never have..

I have a commercial building that is short on parking.

"Hey, the AC isn't holding temperature and it's making a funny noise outside".  

In fact, many subsidized housing tenants take great care of the property because they risk lousing their voucher if they violate lease terms.  

Is he just going to pay half the mortgage in the form of rent are is he going to hold equity/title in the property?

Your thoughts and suggestions are greatly appreciated.Leticia My view is AB1482 requires you to negotiate with tenant any significant change of lease terms (loss of garage definitely a change of lease terms, loss of yard and construction zone may be change of lease terms) and your tenant can likely block your efforts.  

If you keep them separate, do you have different bank accounts to hold them?

In your examples, you assumed holding the cashflows stagnant while the entire year of pmts accrues.