I have a question (or a few) that I'm sure has been talked about already but for the sake of staying up to date with the latest info, I'll ask anyway to see if we can get a good conversation going. 

Keep us updated on your deals. 

They do it because it feels more like a home and the renters stay longer. 

That could be a great way to find and stay engaged with local investors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors in that area and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your journey!

Offer her to stay there for 100 more a month or she shows receipts for the pool being cleaned. 

The 30 year fixed is not a bad idea, still have to come up with the rehab money then and of course the 20% down, etc, which wouldn't be a huge problem but again trying to stay away from outlaying cash.

When I had the insurance policy updated to reflect the change from owner occupied to tenant occupied, the annual premium went up by 65%! 

@Mercy Cleto Stay in NY haha.

Thanks @Jeff Kao  will be updating this post with anything else I think will be useful.CheersLloyd

If someone doesn't pay, they don't stay.