If things get tricky, consulting a local attorney experienced in landlord-tenant issues can help you handle the situation properly.

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

Taxes/Insurance- depends a lot on where you are located.The homes themselves- POH or TOH? 

Out of my 32 properties, I’ve seen insurance rates drop by up to 40% on renewals, and property tax increases are finally slowing down compared to the crazy jumps we saw over the last five years.

Honest... not great but we had other tax reasons to get into them.   

Since part of your property is a rental, I believe a portion of your mortgage interest should be a tax deduction unlike your other debt.

I just started using it and so far the owner info matches up with the county tax info. 

I reduced my responsibility to only taxes/insurance while the tenant buyer does the maintenance, pays utilities and makes monthly payments to me. 

You'll also need to show stable income for the past two years through W-2s or tax returns.Talk to 3-5 lenders to compare their rates, fees, and terms.

I make around $110k+ per year, live off around $75K, have a mortgage ($1900/mo for rent, escrow, tax), around $40K in equity, and no other debt.