If your buyer isn't able to overcome the challenges you've faced are you able to service the existing mortgage, pay out to do the foreclosure, etc.?

They were paid off in addition to the homeowner, and I pay the mortgage (PITI).

Do you or they normally pay for screening?

What is my next step (what contracts etc do I need) without involving realtors so I don't have to pay extra fees to this and that person?

So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortgage left 155k, home value 330k, current interest rate 4.125% on conventional with 24 yrs left on a 30 yrmonthly payment with HOA $1600 pcmI am wanting to either1) turn this primary residence into an LLC and purchase another property to move into and start the process again with the aim being to rent my current house out on an annual 12 month lease for at least 2 - 3 years as I was told that as long as I lived in it 2 out of 5 years I can then sell without paying capital gains (though this confused me and anyone wanting to teach this to me like im 5 years old would be greatly appreciated).

I just now received a message that the tenant is requesting for me to pay for some of her items that were damaged.

If below 1.5, will likely to keep renting out with main house and ADU separately, around 7 k/mo.If I sell it, will likely just pay the long term capital gain tax.Quote from @Wilson Lau: Competition is definitely high on the buy side, and I see more and more buyers coming in as we approach the summer season.

Ps…my bank likes to pay for work after it’s completed but the contractors are seeking 50% up front.  

Texas A&M bringing in 6 or 7 thousand students every year, the appreciation will surely pay off after four years.

You are telling other strangers you won’t let them pay $2,000/mo because other strangers are paying $1,000 or $1,500 if you go up half way.