Send a separate bill if the student is paying, but is late with their check.

Mismatch of windows some old wood and the rest are newer and passable.Siding looks to be a mess (missing some all over the exterior).That's just to start.I will have my camera with me and electrical tester with me.Is there anything else that I could check.It has separate gas and electric so that's a good start.

But luckily and strangely enough, I had two separate guys approach me pitching their restoration services.

But if you choose to elect it as a sole proprietor, then the IRS just see's it as under your SS number and recognizes no separation.

Use a lease, fair market rent, option payment on a separate option contract.

I lost you two gentlemen, Duncan so the title and deed are not two separate documents?

I was told it was separate from the REIA, but to my new eyes, I could not tell....The second local REIA, I have not gone to a meeting yet, it will meet this Tuesday coming up, (3rd Tuesday of every month) but looking through the website of the REIA, ( maybe it was a link?)

Ask the Recorder of Deeds.I suggest you get to an attorney, do a standard lease, a separate straight option agreement, both could be assigned with owner's consent not being unreasonably withheld, get a power of attorney to do repairs or a construction contract would be better, you as a tenant probably can't pull permits.

The addition adds 1 bed, 1 bath, and a den (plan to knock a wall out to open up the living room that separates the den currently).

This way you won't be competing.You may be looking at many months with a property like this, so certainly pay a commission for broad exposure to find the right tenant.Why are you not trying to lease the home and the land separately, perhaps to a neighbor, if its farmable?