Here the only way to collect any fees in court is really charging them as rent. 

Similarly, I suspect Amazon wanting to enter the mortgage business isn't about the potential profits, rather they want to capture the vast amounts of data that a loan application produces, which will ultimately strengthen their understanding of their customers and lead to an increase in overall profitability.

This also gives you the option to flip income to your wife at a later time if you want her to have higher income to qualify for a mortgage when you're tapped out (not tax savings but good to have the holding LLC).You can also have your tax bill charged to the holding LLC for a portion which is tax deductible while your 1040 tax prep fees are no longer deductible with tax reform. 

then i just applied for a home equity loan when i wanted cash out refinance loan and they sent me wrong application and i already filed it and credit score went down and now i must resubmit another application again..and loose credit score again 

Wouldn't they just automatically charge their seller their 6% for both sides of the transaction since you don't have your own realtor? 

Since they have moved in we have been charging them $1500.00 per month. 

Inspection scheduled, Lenders talked to, and an application submitted, Insurance quote in progress.  

The reason for this is the lending laws to owner occupied borrowers are significantly different than lending to investors - examples foreclosure process, rates and fees that can be charged and no balloon payments.If you do fins someone to lend the money needed, I would highly recommend that you have a competent mortgage lender take a very close look at the deal so they can get you refinanced out of the private money once you have the rent revenue in place.

Some states charge a fee, some are free.

--They will typically take 3-5% of your income, as well as charge a guest fee of 5-10%.2.