Since you’re still figuring out where to invest, look for areas with strong rental demand, good schools, low crime, and potential for future growth.

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

It really depends on your bigger picture and also what you are hoping to accomplish in the future.

Moreover, it allows you to set the terms of the lease agreement according to your preferences, which can help prevent misunderstandings and disputes in the future. 

When I learned about the situation, I knew I wanted to help preserve the family property and also create a solid investment for my future.

But any depreciation amount beyond that can be carried over to future years. 

I don't think the future will be kind to the investors who bought cheap houses in a big community of other investors. 

Good luck on your future! 

What @Anna Sagatelova said about Cleveland properties is also true in Akron. 90% of the housing stock in the city of Akron was built before 1970 and there are quite a number of really fine A++ older homes especially in west Akron.

Hopefully we will be managing a handful of other STRs in the same market in the future.