Once it's rented, use that rental income to help offset your DTI, which may help you qualify for the second property sooner.Partner with Investors: Team up with someone to split costs and lower your personal DTI impact.

Each room has its own unique theme and personality, making the home truly one of a kind.

You could do something like what you want if it was your personal primary residence and even then the interest rate would be ugly. 

If that person were to get hurt somehow and then expect you to pay the medical bills or become disgruntled in some way it is just a phone call to DOR, OSHA or L&I. 

If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.

If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title. 

For me personally, it was worth making the switch because of how much money I stood to save and the flexibility to run things the way I saw best fit.

Personally, I started my investment journey with multifamily properties before moving into single-family homes.

For in person connections try some local real estate meetup groups.

@Leslie L Meneus, while the forums can be pretty good, in-person networking and sharing ideas is much more valuable.