The real reason I bought this house is that it sits on a 12,000+ square foot lot.

There was no big sales pitch involved- he seemed genuinely interested in helping me find my footing in my wholesale journey. 

Normally a basement unit must have 2 means of egress and meet certain window/sq foot requirements. 

We come from a pretty small population area and the properties cover a very wide price range. the deals are here to be made , if you don't mind the foot work.

Often when parents charge their children rent they return the money to the adult child when they leave for them to buy  furniture, or have an emergency fund, etc. 

If that's just one more step in the long process before a trigger gets pulled, Asking for rent rolls up front is a huge turn off to some investors without you ever stepping foot in the property.

The 12,000 square-foot mansion includes six bedrooms and nine bathrooms, a large swimming pool, outdoor courtyard, two living rooms, formal dining room and an eat-in chef’s kitchen.

We refinanced just this year but are considering moving again because we are trying to have another child and would need the room. 

I guess my question was more about applicant screening, how have you/have you adjusted screening criteria for applicants to mitigate risk of getting a tenant who may be unemployed in the near future and then you’re stuck footing the bill out of your reserves?

I want to get my foot in the door with real estate development.