House Hacking Lease Advice

[Troy Egar]

Hello everyone!

I just recently close on my first home/rental property yesterday and am excited to have finally started the journey towards financial freedom. Over the contract period, I worked to get the word out through my network that I'm looking to rent out 3 of the bedrooms in my new house. I was wondering if anyone has any insights or advice for drafting a "house-hacking" lease vs a standard lease?

Also, one of potential future tenants is a mutual friend and I was wondering if anyone had experience on how to approach the background/credit check process? I assume I should try and keep the process as consistent as possible when screening tenants, even if they are within my personal network. 

Thank you and please bear with me if some of the answers to these questions seem obvious. This is all pretty new to me.