Never Done This Before But....

[Jason E.]

So I am thinking very seriously about getting into real estate investing. I do have a lot of questions though. I have been doing research and thought maybe I should ask them here too.

I was thinking of getting a house that I can make payments on and rent out either the whole house to a single family for a little more than the cost to me to keep the house...or rent out the rooms to several other people and make profit that way.

I understand that in order to make profit with the multiple tenants I would need to be sure to have all the rooms filled so I am leaning with trying to rent out to a single family.

But let's say I went the other way and rented it by rooms.

I would want the utilities in the tenants name...how would I do that if it were multiple tenants?

I am also concerned with how long it takes to get tenants...how long should I plan to be without?

Also, if anyone has any other advice I would be grateful to you.