If your tenant lives hand to month like many others, I would personally recommend against this because the tenant will be disincentivized from doing repairs or even informing you of major repairs even when absolutely necessary. 

Why would you want to have 8 tenants on your hand to just make $200 a month?

Henry is doing well and now I’m looking to understand the Houston market and get my hands dirty.

@Kim Hopkins I completely agree with @Priyanshu AdathakkarIf anyone else wasn't cutting it in their work - it's simple... they'd get fired.

I couldn't get my hands on a property I thought had value.

I wanted to propose taking the property off their hands as follows: I'll bring the mortgage current, which will save their credit.

If you are using him in the future make sure you understand his rates, if he will charge you for a simple emailed question, how phone calls work.

Nothing says you have to hold their hand.

I do plan on ripping the kitchen and bathroom, but I do know appraisers want to see that before hand, so I plan on waiting until closing for that.

Something as simple as “how long have you owned the property” will probably throw off an imposter.