The idea is they want to add more long term rentals to the market to help with affordability.The mid-term market is interesting but then you are covering utilities, internet, etc.

I decided to keep the house and rent it out, currently I’m out of pocket almost $1300 to cover for mortgage. 

If you're new to this, partnering with a trusted contractor can make a big difference in ensuring you're covering all the necessary costs.

@Jay Check Are you a real account or is this just another promotion for a lying guru?

The first year was tight because of higher interets rates, but his tenants effectively covered about 70% of his living costs.

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

And you avoid things like damaged properties (guest insurance from airbnb or prop manager themselves cover that), evictions, collections, etc.   

Just started the free trial of Rentalhero and it looks like it will be able to cover everything I need for my 2 small MF properties.

If you hired an agent or a broker to work with you, you'd be covered - but regulations & laws vary from place to place.Screening is best done by establishing a set of guidelines to qualify applicant tenants, then sticking to those rules to avoid legal issues (and for your own sanity).

Interesting that this isn't covered with the "masters".