This reminds me of people who wanted a loan to fix and flip properties who had no experience.

If they do sell, they have little or no tax because of the stepped up basis.Most months my interaction with the tenant involves a reminder text message that the rent is due, watching the bank account around rent time to see when the deposits are made and mailing out a receipt.

It's good to be reminded that things can and do go wrong, so there needs to be a cushion for that.Good idea on rents.

Remind him about who has been maintaining or making the payments on this house the time it hasn’t sold (assuming not free and clear) and how much this has cost him/her.

Reminds me of a business saying: "Watch the pennies and the dollars will watch themselves."

Reminds me of a Seth Godin quote (paraphrased due to my poor memory)..."

Kind of reminds me of non-profit credit counselors

Sometimes a person is so enthralled with what the tool does for them (or thinks it does) or someone they know, that they sing its praises to all who will listen (I'm reminded of the old addage - when all you have is a hamer, everything looks like a nail.)The best course of action is to learn as much as you can; tak to someone you trust; and, choose the course of action that makes the most sense for your circumstances and goals....

It reminds me of raising siblings under one roof as people can be pretty childish.

I work for a man by the hour for over twelve years I get $15 per hour use own toolsSo far this week I have saved him several thousand in materials,today it was at least2250/2300 on the lumber and plywood ,Monday it was about 1600/$1800 and we have another lined up for the weekend (I hear about or get offered deals I call him and see if he wants it if so...I pay for it and end up having to wait and have remind him several times to get paid back and he stays behind on purpose.