I’ve seen properties advertised that the tenant is responsible for the HOA and it just screams cheap owner don’t rent hereLawncare - optional.

@Thomas McNallyWelcome to Bigger Pockets community.

So on the surface, this sounds like a solid deal, compare it to any other available options and if it makes the most sense, pull the trigger, kick it out and then keep growing into the next one.  

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

So the only options are to house hack or buy and sell- which isn't honestly the best idea right now. 

The options are either the tenant pays for the damage of any of their household occupants, human or animal, or they get evicted.

I also recommend you read this article I wrote for Bigger Pockets titled How to Invest in Real Estate Before Turning 21.

Seems like the wise move for those unforeseen circumstances that can happen.Love the firm NO on the HELOC option as well.

Yes, you are correct.Being in a Rural area, I am finding that DSCR doesn't seem to be an option for me at this time.

I just closed on a house in Summerlin and the renters are basically standing in line for options.