Work out a fair revenue-sharing model, such as a flat lease or percentage of profits, and consider hiring a property manager for oversight.This post does not create a CPA-Client relationship.

Sometimes, I see investors lean into property managers who know the landscape and can “drive for dollars” around the block.

I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

I will be furnishing one side for now and leasing to a mid term rental until i get a property management company that will work the property or get it leased out to students What was the outcome?

Working with a property manager will give you a lot of hands-on experience in the day-to-day of managing properties. 

How well can you manage multiple roommates?

@Kyle Cross you claim to know a lot about the industry, but your questions are vague and so is the info you've provided.Not sure how managing 8 units doesn't, "require much management"?

Start with a good property manager.  

It is a lot of work for $200/month to build an ADU then manage it. 

So small update on here, I managed to carve some time to begin to set things up to spring board for a deal in the next 2-3 months.