Speaking with a lender is a good plan, they can help you plan for the future.  

I’ve also thought of plans for a smaller scale venue too.

.- **BRRRR (Buy, Rehab, Rent, Refinance, Repeat):** This strategy can be lucrative, but it requires careful planning and execution.

I just bought my first rental property in Baltimore, MD, and I’m planning to rent it out by the room, including the basement.

Credit, jobs, income, age, married, plans for future all this matters.

If you set it up well, don't worry, you'll get guests when you repost.If you really want to capture the existing bookings, then go for it and plan to re-furnish it at the start of slow season.

I would imagine most attorneys located around the MA, NH border area plan to make more than $200,000 per year.

That is the plan. 

And I may get multiple bids for the same work, like multiple paint bids, multiple roof bids, multiple flooring bids, etc.

My goal is to rent it out to start generating some cash flow.I’m planning to remodel the kitchen soon, and once that’s done, I’d like to move out to make the apartment available for renters.