I can easily save $1500 per month, just to be safe we’ll say $1000.

That would get you 3 short term safe & highly profitable Turnkeys like the following:Average Turnkey Cash Flow Per Door In Phoenix Metro Area No Bank Neededhttps://www.biggerpockets.com/forums/600/topics/584916-average-cash-flow-per-door-in-phoenix-metro-area

The use of a QI when entering into a tax-deferred exchange is mandatory when the QI safe harbor is elected.

The reason parents tell their kids to go to college, is because they know it is the safe decision. 

Ultimately, it is better to be safe than sorry and ensuring someone has good credit means they will be able to pay their rent on time and are responsible with their money!

It sounds like the only safe solution to this is putting everyone 18+ on the lease, assuming that is what I require (which in all likelihood will be the case) do you think there is still a legal issue in the making?

@ Kiara Crespo - I am going to give you the safe answer; consult a Real Estate Attorney in the market you want to invest in. 

I mean, I get the “playing it safe” aspect, but there has got to be a way to tell whether the income is UBTI, which is the second (and indelible) part of necessity for a 990T, as I understand it.

But remember, even when rented, the improvements are always added to be basis of the peopery (unless improvements qualifies for safe harbor deduction).

My renters have commented that sometimes they don't feel perfectly safe with some of the "riff raff" coming in and out especially at night.