I can sell it at any time for a profit, so I'm hoping to let it run and pay for itself for a while before we make another decision on it.

It also sounds like they are unsure about renewing the lease so I would ask them when they will make a decision on if they want to renew the lease or not.

Are there other players in this field that I should be aware of and consider talking to before making a final decision?

I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.

So, you are working through 2 decision makers, not one.A Realtor can really provide you value in a transaction....especially your first one! 

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.

I was feeling really overwhelmed with thinking about what real estate strategy I wanted to pursue and I was going in circles for over a year not making a decision.

in a vast interview process with many steps before allowing someone to move in. a new roomie is an everyone-decision, not a landlord-only decision; if you're expecting people to co-exist in a space together (for longer than just a few months), you have to make sure they all have some things in common, or at minimum have the right expectations in terms of cleanliness and routine habits.someone working the night shift and someone else having a 5am rise-time, or someone who works from home in a call-center job is not going to jive well for example. and someone who doesnt handle conflict well is not going to jive with someone who is brutally honest and up front about issues. happy to go into more deets on how we do things if it will help. this can certainly be lucrative in terms of cash flow, but there are huge mud puddles i have stepped in over the years which i have had to learn to navigate.

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.