The fact that a tenant is complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

Not the highest ROI, but the value of the house is about 15% more than what we have in it, and our cap expense going forward will also be minimal.

Although it isn’t the highest ROI, the value of the house is about 15% more than what we have in it & our cap expense going forward will also be minimal.

Otherwise have them do seller financing at minimal down at low interest rate to you.  

The credit report and background check does not indicate any red flags. 

In addition to watching the market (day & night:) I have a degree in economics: all major economic indicators point to increase; not to mention many relocations (including businesses from CA, & North East.

Also when I negotiate my leases, I negotiate getting oil changes and servicing included into my lease so that I have pretty minimal upkeep costs. 

There is a box on the form that indicated it is from rent which at least in my case is always Passive Income NOT SE income that I would have to pay SE tax on.

Great Ontario specific advice on systems and processes to minimize your efforts. 

@Ryan BuchananThey will likely issue you a 1099 at the end of the year indicating to you how much rent they paid you for the year.This will not change anything for you as you normally have a requirement to report all income(whether given to you on a tax document or not).