You'll get high quality tenants who can pay their own rent and they pay on time.

The seller however does not have any documentation to show he made any reasonable efforts to evaluate the borrower ability to pay the loan.

Now you need to figure out how to find deals and pay for them.

Pay to separately meter the utility.

Typically those lenders pay more and are better to deal with less hassles.

You would need to document your hours along with the hours of anyone else.Do you plan to pay this 'co-host'.If you list that as an expense on the return it would likely turn as a flag in the event that you get audited.Best of luck.

Realized it would probably be cheaper on a monthly basis to have a mortgage there rather than pay rent for another year.

Plus I have tenants who are willing and able to pay market rent in the future.

., pay off their existing loan, closing costs, and/ or put some cash in their pocket, etc)There are 2 "legs" of the transaction.

Most multi family is on one furnace/boiler and the landlord pays the heat.