You brought up the hardest part of the process.

Estates may need to be opened or re-opened, successor entities may need to be included, perhaps all current owners of adjacent properties might need to be brought in.

I'm not a huge fan of out of state investing and I have 3 properties in Indiana, too many issues with being 2000 miles away.Also no one has brought this up but you said you moved in with your bf.

The rent by the room option has been brought up so I will look into that as well.  

One final note that I haven't seen brought up yet but personal use over a certain number of days per year (14 I think) triggers different tax treatment for the property and limits deductible expenses.Hope this helps.

Something to the effect that we do not have any, and if any appear after the first 30 days of move in, you brought them in are liable for cost of mitigation. 

This is where I'm nervous, he brought back a commercial property. 

The natural gas boom in the area has brought a ton of out of town workers who need a place to rent.

I brought some land in ohio 2 years ago for 15k and now someone want's to buy it for 25k. 

The smaller accounts brought me up to about $2M.