In a similar fashion, the cap raisers (at least the quality ones), first and foremost represent you/ "your taste buds"!

The IRA purchases property, pays for the expenses, and receives the income in a tax-sheltered fashion. 

This is investor-GC approach to control the cost as any overruns will eat up the profit:If you use a hands on type realtor they know what is wrong and what needs to be validated, what is fashionable and approx. low cost. 

I was looking in a similar fashion to you for a few years--find a home to live in for a little while, then rent it it out after we found the place we wanted to settle down.

PETTY SURE, that’s an old fashioned 110v/20a plug.

Must be insured, reliable, ready to start immediately and finish in a timely fashion, need to take credit card or any type of electronic payments.

I'm actually on the path to house-hacking in which I'll probably rent out 3 or 4 rooms in a similar fashion.

Crack a good old fashioned book called The Contrarion's Playbook for some simple breakdowns of time-honored REI strategies.

Usually at a 60% discount for prepaying it in this fashion.

I feel like if I would have done this to a prior tenant I would have lost in small claims for dishonest use of deposit and failure to act in a stepwise fashion (replace one section/attempt to clean first.