As a new landlord, familiarize yourself with tenant laws and have a solid lease and screening process in place to protect yourself.Be prepared for maintenance expenses by setting aside funds, and if managing the property feels overwhelming, consider hiring a property manager to handle day-to-day tasks.

You'll need at least a 20% DP to purchase the next primary, and probably a signed lease proving rental income.

The only documents we have would be a signed lease, and tenant ledger.

It requires a lot more work, follow up, and it's necessary to have systems in place to support the tenant vetting, rent collection and creating lease agreements.

There really aren't any agents that do just leasing for people of residential homes 

As for the leases, would you recommend keeping the tenants, potentially raising rent, and extending the lease to a long-term rental, or would you recommend finding a new tenant? 

I will use the rent by room strategy for a year, then move out and lease the condo under 1 lease.Does anyone have any advice about condo hacking, or can anyone describe their personal experience?

Primarily rented to military- never had a problem, required to end lease or evict. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

If you want it to be a business name, then I recommend you set up an LLC, transfer ownership to the LLC, and then change your leases to match the new owner name.What is your reasoning?