Explore multifamily or out-of-state investments for higher yields.Setting up an LLC provides liability protection but has no tax benefit for you now.This post does not create a CPA-Client relationship.

Net post-mortgage: $52,392/year.

As I read your post, the reoccurring theme that came up was a screening problem. 

I'd be curious to get your opinion or anybody else on the post.  

You can learn the local market without the stress of a major rehab while you start building relationships with property managers and tenants.

hard money is typically: some amount down + points to get the loan + interest to service itso if purchase price is $325K, you might be able to get 10-15% down from your own cash + the HML for the restit's not clear from your post what is going where

Looked at salt water but found as the above posts discuss, there wasn't in actuality, less maintenance (just a different set of issues) and end of day, chlorine was still being used (even if a smaller amount).

Keep us posted, thanks Griffin! 

Please be careful with your posts.

Appreciate the feedback, checked out your post and yeah I've had similar with roommates in the past.