Train the tenant (economic incentives always work) and feel the love all around, esp in your bank account.Others are technically correct (evictions, etc) though you have some issues in having already accepted payment, etc, and your time and quality of life goes straight to hell once the paperwork starts. 

Transparenc, honezty and ethics are the foundation of REI (and life in genetal) in my opinion.  

Realize, you're actually helping him improve his life.

Hello,Life long Hoosier in the Indianapolis metro area looking to connect with other local BP members for networking.

My main projects are in personal development, self-help and life improvement.

If I fix a toilet, I want the economic benefit of the work, so your buy numbers should be in line with market rates.Never buy based on income alone, you're buying improvements that have an economic life, maintenance and improvement factors, social and demographic factors.

He had me convinced in less than 5 minutes that I would be spending the next 2 hours of my life listening to him and it turned out to be worth every minute.

With only 3.5% down you pay PMI for the life of the loan; the only way to get rid of it is to refinance.)

Life is too short for this amount of headache.

I agree with Michael, it depends on the stage in your life.