It probably needs to be addressed to keep the house safe to inhabit long term even if we keep it as a rental.  

The only issue we’re running into now is finding a spot to permanently park the RV for a long-term rental so if anyone has any experience with this in this particular area of South Jersey, please message me as I do have several questions.

Finding the right balance between property size and managerial capabilities is critical for long-term success in real estate investment.Aspiring investors should keep these aspects in mind when evaluating possible properties.

If you are making good money, you should be focusing on two things: tax mitigation and long term wealth building.

I'm curious how other landlords are handling screening for section 8 and other subsidized tenants in terms of screening and protecting your investment.

In terms of incomes I use the 30% rule.  

Purchase price is about 280k I would put 20% down so loan for 224kTaxes are about 5k / yearInsurance is 2800 / yr escrow or 2500 in fullMortgage rate 7% credit score 760+Mortgage is $ 2150 ish. +/- 50$Current rents are 1000 per side which they say is low because it's paid off for my family member They say market rent is easily 1200 per side I would likely inherit a tenant on one side at 1000/mo , older retired single guy So if I house hacking and pay 1200 and raise their side to 1200 it's would cash flow about 150$ not including maintenance so.

I imagine there are some people on here that have used small business loans for this type of business or any business in general starting out.

A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

Set Clear Terms – The tenant must leave the unit clean and undamaged, return the keys, and not cause further issues.3.