Starting Out - First Steps to Convert SFH Primary into Rental

[Jon Demma]

Hello, 

New investor, still learning. Quick background -- own a small business(10 years) in MN that has $0 debt. 

Would like to start our REI journey by converting our primary single family home into a rental. Purchased in 2017 for $305K, refi in 2020 for $236K at 3.25%, current value = $450K.

I know this is a very general question but I need some direction... Can someone point me in the right direction for the next steps to take? Anything to be on the look out for(good and bad)? 

I will gladly give back once I have some experience under my belt. Thank you very much in advance for any help!!!