If you are crushing it with smaller deals and find comfort and ease and low ROE (Return on Effort), then stay the course.If you want to scale, you may have to find a partner to help with capital and balance sheet.

Thus, if we were in your shoes, we would offer the space to the candidate, but share that the house is going to be co-ed.

I don't understand how the people on here can post about how people who can't pay their rent are losers or they need to get out when you know I'd like to see them live in our shoes for a minute cuz they be shutting their mouths 

Certainly open to other ideas and strategies, it would just require additional diligence from my end given my level of comfort and expertise would be lacking in other areas.

Parents recognize this and are comfortable/agree.

Since your experience level (1st investment) is very limited, I'd speak with some title companies to get a feel for comfort level in working with them.You'll be asking a bunch of questions (you should!)

If you have experience in managing construction, then you should feel comfortable filing an Owner Builder permit.

My issue is that I come from a low income background and have fought my *** off, pardon my language to get to where I am now and comfortable.

Hey @Annwar Zahrieh - if I'm in your shoes I would recommend going out to Philly and attending a couple of networking events to brush shoulders with other investors in the city. 

Once you're comfortable with the total gross rent you can charge, multiply the total monthly rental income by .95.