Of course I disagreed and demanded the full rent since she did not give me 30 days of notice. 

They can take it or leave it and in my experience it has worked out just fine for me.RoyalT I must apologize but I do disagree that banks aren't stupid.Not all of them of course (maybe) but show me someone who has a wonderful fuzzy feeling for a bank.

Russell, I'd have to disagree with you that local expertise means you may screw up the transaction.

I can't disagree with almost anything you said!

If anyone reading this disagrees, DM me and tell me how much you'll sell that to me for, cause I'm in the market for it.

I imagine there will be another wave of properties come spring.And per your goal of 7 years, I'll respectfully disagree with Thomas S. and take the side of "Go for it!"

I strongly disagree with this statement.

I would check with state regulations, if you are doing this to pay in state tuition you will need to put the house under your childs name, have all the bills go to him there and do not claim them on your taxes as a dependent, ( check with your State though) i found this out in PA and could not claim in state because they were not " on their own and non dependent on the parents". so i disagree with Thomas S. had to say about financial aid, if your child owns the house, they may or may not qualify for financial aid, although i think it may help them if it shows that they don't make money and have a lot of dept, the house is also off your list of assets, because they will check your tax returns in determining financial aid. i would definitely talk with a CPA and see what the best strategy is in that situation.

I disagree with implication that a PM will do a better job than an owner (ie find a tenant quicker).

This is my opinion and I'm sure others will disagree.