Make sure the operating agreement reflects a mutual understanding of the transaction. 

So I am seeking advise on platforms to advertise the units, how to vet potiential tenents, how to create a lease agreement, how to collect rent, and any other helpful tips/advise that anyone would have. 

I saw a need on both the seller's end and the list agents end and went right to my RE agent contacts and let them know they can offer upgrades and repairs to would be sellers to help them win more listing agreements and then we move in and do what is necessary to obtain top sell prices for the seller/list agent.

I do 2 houses at a time as a part of our agreement.

That said, IF you were to enter into an agreement with the tenant for services, it needs to be in writing and signed by the tenant.

Particulars:1) 1st SFH rental property cash flows $400 and we have a 2 year lease agreement that ends in 2025. 2) 2nd SFH I currently live in, I would rent out and probably experience a negative cash flow of --$100 cash flow for first year, break even 2nd year, and build little cash flow moving forward.

@Roberto R.This type of deal is more complex but if you start as a hard money lender and understand the business you will look to get more creative and can do things participation agreements, Dutch loans for fix and flips and other ways to beef your returns.What you also will notice on sites like this the Dons and jay’s of the world will share how it can be done but are never pushing a product, a course, a group etc.

Hire an attorney to provide the required notices about his serious breaches of the lease agreement and file the eviction case.

I have only had to change over tenants one time and each three rooms are on separate month to month room rental agreements.

Search for "roommate agreement" and you'll find plenty.