This way you will even have additional revenue stream coming while you stabilize your financial situation.Reach out to wholesalers and get on their mailing list to look for deals.

If this avoided expense is viewed as income, it represents an additional 2.43% return ($2,000 divided by $82,322) in addition to state and local taxes which may have been avoided as well.

In addition to the 7 federal classes, this state adds:Public Assistance (Sec. 8, welfare, SSI, TANF, etc), Sexual Orientation, Gender Identity and Expression (including transgender), Marital Status, Military or Veteran Status, Age (except 55+ communities) and AncestryYou can discriminate against non-protected classes, like illegal drug users - but if it has a disparate impact on a protected class, it still may be subject to challenge.If your unit is not de-leaded, you can still not refuse to rent to a family with kids under 6 years of age.

It may be an additional hassle but could be worth it in the long run.

I am guessing that they will suggest that you require the Tenant to have:- General Liability (1,000,000/occurance)- Umbrella Liability ($1mm or more)- Professional Liabiity ($1mm or more)- Tenants Legal Liability ($500,000 or $1mm)-  Abuse/Molestation covered under the Liability or as a separate limit)- Business Auto Liability ($1mm)- Workers Compensation & employers Liabiltiy- If they paid to make modifications to the property to be able to operate (ie. ramps, special doors, etc.) they may need Additions & Alterations coverage depending on what your lease says on who owns those.They will probably seek to add requirements that shift the burden of Insurance to the tennant for something that you both get drawn into.  

Any addition thoughts?

You can read more about the trusts here.In addition, to add to the protection, add an LLC or Series LLC structure in conjunction with the trusts.   

In addition to Jame's list, I'd recommend you ask about the following when you're looking at TK:References: Ask for references from long-term and repeat clients, and then actually call them.

Account Closed Does you lease have anything in it that states that the tenant is not allowed to have pets except for service animals or requires additional fees and permission from you? 

I am looking at a SFH that I would like to possibly convert to multi or add additional units but I am having a hard time finding out exactly what the zinging is.