You just have to understand why the bank is concerned...if you have no other source of income, in their eyes, you'll just be depleting that $200,000 on life's expenses until you run out of cash. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I once upon a time was a Loan Officer so I understand a little bit about underwriting a loan and I just keep to "good common sense".

I would just collect some extra security deposit, add them to the lease(if kid is over 18) and make sure they understand they are all responsible for the rent and that an eviction will go on all of their records if they default.

Hello Friends,I need some help understand few things.

I understand that some sellers would rather not take a huge lump sum on a property for tax reasons. 

I understand your market is crazy but that Tax seems awfully cheap for an apartment house worth almost a million dollars .

There are a lot of Soldiers that I work with that struggle to understand the benefits and tire out quickly from searching for the answers online.

Any information you can give will help us to understand you better.

I understand your concerns and I see your point but if a man is making say ,double payments at that low interest rate, he is not doing himself a favor by putting his money to good use when that extra mortgage cost can be used toward the purchase of more properties which will Ultimately bring in more cash flow and will allow you to snowball quicker which, at your age is something you would need to do .