Consider the potential loss of your time involved in any work you do on the home.

Gee, I'm kind of at a loss for words right now.

I also would not put a lot of weight on building a relationship with the bank by doing a Fannie/Freddie deal with them.  

If I was in your position I would try to get some extra $$$ and explain that you are going to have to replaced XYZ when/if she moves out and you need to cover that loss.

I am not an expert on this but I do not think that would carry much weight with a bank.You are talking about a POTENTIAL income stream versus an existing proven one over time with a seasoned tenant with years at the property.Generally they will look at your DTI, money down, etc. to see if you can carry the property on your own without the tenant in a worse case scenario.

The charm of not worrying about exterior maintenance (lawn, roof, plowing, ect.) has its weight as well.

I was devastated by his loss.

I also had some trouble with my printer and ended up buying a new one, which wouldn't take the yellow letter paper I had on hand, so I had paper of a heavier weight, etc.At this point I'm back on track.

Thank you Jerry, awesome reply.For all, lets pretend attorney's don't exist, there gone, they all loaded up in the caddy and drove off a cliff, and we are all mourning the loss of a great Cadillac, ok.

Loan losses aka defaults or late payments can make a significant dent into your profits.