I would keep them though cause you're going to have another furnace go up and it's good to have them on hand to loan out.I'm betting its something simple to fix like a thermocouple or an igniter.

I would check with the local building department; maximum deflection limits are set by building codes.

This starts the statute of limitations for that state.

I'll bet no other landlord has done that for them before.

If a couple were to invest together, their ownership was over the 20-25%, so they decided that they would come in individually, coming in below the ownership limit.

From everything I've read so far my best bet would be to find and buy a duplex and rent half and live in half.

if you have great credit, solid assets and great income, sure,,, it would be based purely on your financial situation and wouldn't be secured by any properties.Banks prefer to have something to secure a loan with, so an open line of credit will be limited by your credit and ability to pay.

I think your best bet is to talk with an attorney.

Sounds like your best bet is a long term renter though - just be sure to do your due dilligence on them!

From a gray area standpoint, it's as bad as going 5 over the speed limit, or as bad as accepting that burned DVD copy from your buddy.