Two parents and 3 kids is pretty standard for a 3/2 occupancy.

He's the epitome of a slum-lord who inherited it from the parents & the place is in dire need of maintenance, yet he seems immune to code violations.Most of the little strip motels (there were many) have been forced into bankruptcy/foreclosure by a deluge of microtels that cropped up 2016-2019, then Covid hit, so most have 90% vacancies.

So my parents own a 3-Unit property in Chicago, IL in the Logan Square area.

So dealing with Middle School students and parents has uniquely prepared me to deal with tenants IMO.  

The plus one is sleeping on the couch or could be a baby in the parents bedroom in a bassinet.

I currently rent in Brampton, where I pay $630 a month with all utilities included with some other nice perks.I’m a young guy and most people my age live with their parents, and some of my buddies have some properties already (condos in Toronto) that they rent out entirely for maximum return.It is from my understanding that legally you must live there for at least a year, no?

Since I am 24, live with my parents, and have very few expenses, I’ve contributed rather aggressively to my 401k for the past 1.5 years and have plenty of money in it.

Folks like my parents, who bought a house that needed improving back in the 80's, seem to be less common today. 

If "yes" or "no" then: "You've been such a great tenant that I know you would not intentionally cause thousands of dollars damage to this property, and so I wanted to let you know, if I were to find smoke damage to the unit, not only would I be forced to withhold the entirety of your deposit, but I may have to bill you for further clean up, which would likely impact your future ability to rent from other landlords."

My parents almost bought a duplex in Richardson (or was it in Garland) but ended up moving to Virginia with me.