competing against those in the industry is very hard .. .And your not going to have any luck trying to daisy chain these deals . 

I would make sure that you have an ironclad partnership agreement if you go into this deal with your former boss.

Just not worth it plus it's probably going to just get worse.I would not renew and re rent with it not being furnished assuming the furniture is trashed.

Since graduating in 2021, I moved to Washington, DC to pursue a civil engineering career and am now feeling like I am in more of a position to start learning and pursuing real estate investing seriously.

My suggestion would be to cap your utilities at a certain amount and have Tenants pay anything over that amount.That will help you manage your expenses, and also allow Tenants to gage their usage each month, and make adjustments if they don't want to go over the allotted amount.As far as collection, provide the bill showing any overages and just have them pay for it along with their rent. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $178,000

Cash invested: $10,000

primary home own use has an Airbnb/ short term rental 5 months out the year/sometim...

If you get sued for Fair Housing discrimination, whether intentional or not, it's going to be expensive.

You can furnish the place for less by going with used USA made furniture off Craigslist, FB Marketplace and others.

Find others who are doing what you want to do in the particular niche you want to invest in.

He is month-to-month.