<prompt> Human: Hello all,Hoping someone more experienced than me can possibly give some advice about how I should proceed with this.I bought a house about 5 years ago, it was my first and only home purchase to date. I have recently had a friend renting it out from me, and although his rent pays the mortgage, I no longer want to carry the debtrisk of having a house Ill likely never live in again.I briefly talked to my realtor about putting it on the market, but not too in depth. Just to be fair to my friendrenter, I let him know of my plan so he could start looking for a place when the time comes. He surprised me by saying he may be interested in buying it, and we both agreed it wouldnt be a bad move since we could directly negotiate and could also cut out the 6 of fees that realtors normally take.So what would we do to proceed? He would need a loan I know. I assume the loan company would want an appraisal of the house to agree to it. I think we would also need to get a real estate attorney for all the paperwork... but is there anything else?Thank you for any helpadvice.  <response>: In some ways the fact that he lives there and knows the quirks of the property is a good thing.However, make sure your friend hires their own inspection company, and that all the little things are ironed out beforehand.You dont want him blaming you when the roof collapses, the basement floods, etc. You dont want to ruin a friendship, or have him calling you 6 months from now with complaints about this money pit you talked me into taking off your hands. 