*Converting primary residence into a 4 door property

[Quenton Runge]

*New to property investment

Background: My name is Q and I'm mid twenties. Currently working as an ICU RN. I'm new to investing in general but have been finding an interest in property investments for years. I currently reside in a single family house with 3 bed (about to be 4), 2.5 bath. We have been living here for about 2 years and have done plenty of work to it (bathroom and basement renovation, new AC, complete landscape makeover, basement waterproofing, etc).

Situation: It's a little large for my wife and I so we have been trying to decide what our "exit strategy" could be. Our family member approached us after we had mentioned ideas of moving and said they would love to rent from us as they were looking in the near future for a new place to live. We mentioned that he may know a few of his friends that may be looking as well. We thought about the idea briefly at first and now are pondering several times a day about the strategy.

A neighbor had recently converted his property to rentable doors and charging in the ballpark of $850-900 for his "outdated" 4 bedroom. We locked our property with a 3% down conventional at a 2.625%.

*open to all thoughts, suggestions, critiques. Looking to scale!