@Abigail KingStarting a first house hack in Peoria, IL involves researching, education, financing options, and management tips.

I have my eye on a couple of small places that I am interested in for Air BnB.  

Just make sure to check their credentials and experience, and find someone who can explain things in simple terms.Also, keep an eye out for any red flags, like promises of huge refunds without a thorough review or pressure to pay a percentage of your refund.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

However, as you mentioned, there is people for that who will more than likely save you money when you consider the time involved.

It would involve putting an external staircase on the side of the house and making the second bathroom into a full bath.

It is actually a little more involved than that sounded but you should get the point.

What did your management contract state about screening prospective tenants and your involvement? 

I'll keep an eye out

My question is since a lender is involved and I will be drafting up a contract how do I protect myself as to once I hand off the home he doesn't end up pushing me out (there is no sign of such and there is trust but this business)?