You have to realize that not only do you take on liablity if there is an accident or even just the claim of an accident from the Tenant, but you must also realize that no matter how well meaning you think your tenant is, if there is an accident, their loved ones might not see it that way and may take action against you.

IMO it would be worth paying a local attorney who performs evictions in the area the property is located for an hour of time to put a plan together to make sure you don't accidently do anything out of bounds.

With the potential rental income versus your mortgage and expenses, breaking even or making $200 a month doesn't leave much room for unexpected costs or vacancies.

Do people stop driving cars because of an accident?

However, the question we have is, if she assumes the mortgage and her mom unexpectedly goes into care, can the government force us to sell if it occurs in the five-year window?

A lot of real estate in D and F areas look great on paper but come with a lot of unexpected issues.

A mix of determination, perseverance, and a bit of luck can uncover hidden opportunities in unexpected places.

Unexpected thing is actually coming from property tax rather than the performance of the STR itself, we still get 99.99999% fully booked.

Factor in a buffer for maintenance and unexpected costs.It's also wise to discuss rent, utilities, house rules, and guest policies upfront.

More CF (per door) adds a cushion because things will happen (unexpected costs).