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[quote=Anonymous][quote=Anonymous]I’d love to rent my relative my rental condo.  However it rents for $2000, all of which I need in order to cover my expenses.  She could only afford to pay $1400.  She has a good job but it’s low pay like 50k think entry-level NGO type.  Are there any programs that would be available to her to help close the gap? Trying to brainstorm as best I can, she wouldn’t need the parking space so I could try to rent that out separately,  but I doubt it would rent very well due to its location.  TIA! [/quote]

Landlord here, and I connect with many other landlords, but in-person and online/forums, general consensus is to not rent to relatives. Might seem like a generous thing to do when all parties agree, but when you don't you risk your (good) relationship. And when you're starting out with not able to pay  the market (?) rent of $2k, it'll go downhill from day one. Please help find your relative find something suitable with their budget, you'll both be better off in the long run.[/quote]

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