When they say they will rent, that means they like the idea of cash flow.

Question 3: If I don't meet the full exclusion, I certainly meet the criteria for a "Work-Related Move," meaning that I would qualify for a partial exclusion.

So if I have $30K cash, I need to factor rehab work as part of that $30K, meaning my downpayment should not be more than $10k or $20K?

Overnight GuestI am keeping a log of which days the guest stays over.

This keeps the competition away and the returns higher.

I keep things simple and focus on furniture I can bring in myself.  

I mean say if I include in the lease contract something that says "any rent later then the 1st of month shall be considered violation of this lease and this yearly lease shall simply become a weekly lease (as weekly leases I read only need 3 days notice to evict) from when a 3 days notice is automatically needed to be considered with per day penalty being $100 if not moved within 3 days of non repayment of rent from the date of not paying (due date) the person's presence on the property shall be considered illegal and will be treated no less then a violent intruder".

Make sure to open a separate business account to keep your finances organized.

I mean they're big for a reason, they did something right!

A lot of them don't have proper heat pumps to keep the water hot in cold winter weather.