However, again a large number of CPAs maintain that the practice can be done as long as it is arms length and documented well.

@Jayden Hamilton the stress test is important because it finds areas where you might be weak when it comes to your investment abilities.

Looking for some best practices for selling a single family home with a tenant in place for another 6 months.

@Ashish Acharya , the ability to create even a small amount of future self employment income to have a Solo 401k is important when rolling over old 401ks and existing IRAs into a Solo 401k.The advantages of a Solo401k compared to an IRA  far outweigh any self employment tax.

Other things that might matter are your risk tolerance and ability to bounce back if everything goes south.You should definitely consider doing deals now and all the time. 

Basically, I have the entire group of students and their co-signors sign the same lease agreement for the full amount of the lease.Is this best practice?

Is this common practice?

I'd stick with the English version; good opportunity for the tenant to practice essential language skills.

This did remove our ability to renegotiate for minor repairs but gave us the option to walk away without sacrificing the earnest money deposit if we found significant issies with the home.

In order to protect ourselves we wanted to place a rental agreement, even though they are family members, we believe this is the best practice to let business be business when it comes towards the property.