If you’re feeling uneasy about the potential headaches, you might consider a local property manager who specializes in room rentals or shared housing.

If there's a family member or friend in a similar situation, and you can both align on the initial plan (location, home type, price, usage/occupancy, etc) you can pretty easily get a co-ownership agreement in place and even a joint mortgage.The benefit here is it might open up your ability to buy a larger place in a nicer area which could lead to a faster rate of appreciation and overall better living environment. 

I openly share the historical performance of my Detroit rentals for anyone interested.

I found it very unlikely that the government would not want to get their piece of the pie, especially if they had purchased a new primary home.Donyou have a Tax Code or Publication Number you can share so I can study up and understand your thought process more in depth?

I don't have any experience in Augusta, but if you are interested in Detroit or Memphis, happy to connect and knowledge share.

I made some videos on the renovation and overall process - happy to share those with you and answer questions about my experience.

Sharon, thanks for sharing these stats—Houston is clearly holding strong!

When I shared the success story that's all that was - maintenance of course you have to factor in but on the raw deal over 4 figures in net cash flow is very good (at least to me). 

Wishing you and your wife all the best in your investing journey—looking forward to sharing insights.

And no I’m not talking about the “burbs.”It is just something that I have found that has helped make my properties easy to rent - and I thought I would share.