How is that good business practice?

I am a recent college graduate, working in the manufacturing industry as an EHS Specialist.

Additionally, successful investors typically build a solid network and due diligence practices to minimize potential losses.Reinvestment: Using financing means you can reinvest the profits from one project into multiple new ones, potentially accelerating your growth.

Any tips, experiences, or best practices you can share would be greatly appreciated!

So in practice, it might not mean a lot. 

I am a college student graduating in May of 2025.

As you get further away from standard real estate practice, the risk is increased by a “legal” risk that your protection may be interpreted quite differently than you expect by a court and that the subtleties of the protection a mortgage or trust deed document provide with established law and court decisions handed down for (in the U.S.) 250+ years is not existent. 

I bought this property in college, renovated it while renting out the spare rooms and no use the property as a long term rental.

Ensure all your screening practices comply with Fair Housing Laws and other legal guidelines to avoid potential legal issues.Improving your tenant verification process can help you find more reliable tenants and protect your investment.

My take is that predatory practices and threats must be controlled, and housing quality must be enforced.