I will look for a landlord/tenant lawyer to add it to the lease when my tenant gives me the move out date.It's good to hear everyone is have good experiences with Cozy

Not related to the additional person, but just because?

In addition they will have the cost and hassle of moving. 

If it were me, and I did when I left my last job 16 years ago, I'd transfer my old 401 to a traditional IRA. 

They also pay an additional $500 a month towards their down payment. 4.

I used this property(my first rental) as a cash generator/stabilizer for my additional rental properties.

@Kai Van LeuvenCouole thoughts on the pet policy.Yes it’s fairly standard to charge an additional security deposit ( as carpets will most likely require additional attention for pet hair).

One additional factor that helped me in the early stages of REI was having the advice of a trusted real estate agent.

(I switched property manager in 2018, rented the second unit in May, now I am receiving the rents).I do not need any deduction for a 0 income, so it would be very simple if I hadn't to attach the additional module for depreciation.

I think I have minimized my risk by purchasing it out right and then testing the market for what the property will rent for to further prove my numbers for purchasing additional houses in the area.Once it is rented I am going to work on either refinancing or getting a line of credit for the purchase of the next house.Hope this helps any new investors who commented on my thread.