Here are the financing terms that we offered to them:We caveated that we would track an increase in rates that track increases in the prime rate (anticipated over next year or so)We did not mention any PMI but I am now kicking myself for not doing this given that we don't know what their ability to come up with down-payment is. 

I don't know if Josh ever anticipated getting to the size it is now but congratulations to him also if he is still around.I'll see you on the board sometime!

It might be hard to calculate these values based on the fact that you'll also be driving it outside of the Uber rides, but don't ignore them or your profit might turn out to be much lower than you anticipate. 

I don't anticipate any needs in this area for quite some time...but one day I don't want to look back and say "I wish we had"@Will Barnard - I've seen property sales for $1 or $10 in the past and just assumed it was a result of a gift within the family, deed transfer, divorce, etc. 

I'm anticipating my Ah-Ha moment like a kid waiting for Christmas morning.

We are just now starting to turn some of our properties over to a manager, on a trial basis, because we anticipate moving out of the area in the next few years.One things that makes us more willing is the fatigue of constant turnover.  

Paying for fees that are much more than anticipated like a school board fee, water improvements, building sidewalks or curbs along your property line.

@Bill GulleyI wasn't anticipating, nor even expecting, you to advise on how this might play in Canada (that's why I tapped @Claude Boiron), but was hoping you might add some depth an clarity to Frank Chin's initial reply above (as typically practiced in the U.S.A.).It's intriguing, but the more I have dug into the idea, I'm still not convinced it's something I could pitch to a property owner easily.  

I can (and will) ask you for paystubs, bank statements, etc, but we can't anticipate what rent will be on the place you pick, so my generic preapproval is only as good as those assumptions.* When it's time to get property specific, I say "investor and/or realtor, my generic preapproval was based on the assumption of $X,000 in gross rents that you provided.

I do get the at furniture and silverware depreciate over 5 years, but 5 years from now when they are fully depreciated, I don't anticipate needing to buy a whole house full at once, so the expenses are higher to start.