I'm a senior marketing and communications student at Eastern University on the main line in the suburbs of Philly and work at the Radnor Financial Center with a real estate mortgage note investment company called US Mortgage Resolution.

@Mike Hurney Wow, looking slick ... happy new year resolution ... adding like 5-10 younger with this shoot. 

They're working on a resolution.

I think it would be a good short term strategy to make more money and I do recommend it but here are the cons you should know:The renters will not be friends So when conflicts exist you can more easily be brought in.They will not be interested in working out who cleans the common areas so you will need to do it or hire it outThey will fight over using each other's thingsThey will use each other's things and not put them backYour lease will need to deal with conflict resolution and noiseIn general, it's more work. 

Take Photos: Capture images of the incomplete work, the removed alarm system, and the broken tile.Written Records: Keep a written record of all communications with the contractor, including dates and details of conversations.Scope of Work: Check the contract to see if it explicitly mentions the removal and reinstallation of the alarm system, as well as any handling of fixtures like the fireplace tile.Breach of Contract: Identify any clauses that the contractor has violated by not completing the work or causing damage.Formal Letter: Write a formal letter to the contractor outlining the issues, referencing the contract, and requesting a resolution.

That is still a valid concern for me as we want to do things right.The resolution to tax concern is to do 2 year buy&Hold and do a 1031 exchange.

My New Years Resolution: Learn to be better at saying "no"

They will wake up and fix title issues for you, bond around them, or pay you the value of the policy and take title to the property instead of fixing title.There are a lot of "ifs" and "maybes" between here and a resolution that can radically change this answer.  

Guess I have my 2017 resolution now :)

Remember this is very rough and more like bubble diagrams and maybe a rendering or two that are low resolution.