@Hunter DuplantisFind out what median income is in your area/neighborhood, and don't expect to charge more than1/3 their income.

This man's bad reputation must be known.

Yes, all those are considered but I always appreciate more experienced investors looking out for me so thank you 

Some people will do this with one building, then after a year go out and repeat the process with another property.

I don't have an answer, but now I'm following this.

I am owner occupying this unit so I didn't know if there was a problem with putting property in LLC.

I ended up entrusting five properties to their management, and I know of two other out-of-state investors who used them as well.

Or they somehow break or even disappear when tenant moves out.

The reverse mortgage company wants buyout and I dont have over 200k to pay out.

I'm exploring options to purchase a new home as a primary residence within a 3 hour drive of Houston George Bush Intl Airport (IAH) with a USDA loan that I could turn into an Airbnb to rent out when I am not there because I spend a lot of time overseas.