You also need to confirm if your interest rate is locked or not.

Requiring renter's insurance (separate from your property insurance) is also very important since they typically would not have the cash reserves to pay for a major damage such as water damage, ruined floors, fire/smoke damage, and you will be sued by 3rd parties if something happens to them while at the house if they have to go to the ER. 

Regarding not good credit, I usually request a co-signer and copies of their bank statements showing that they have sufficient reserves in case anything arises.

You then have to stack your financing costs on top of that, as well as reserves for Maintenance and Capex.You could always start off offering the other side of your house as a STR and see how it goes.  

Coach Carson talks about the small but mighty investor and how you're way ahead of non-RE investors with a few solid appreciating properties3) If you haven't done this already put your money into high yield savings account so your cash reserves can grow 4 to 5% not a regular savings account earning 0.1% interest. 

I just want to confirm that @Pam Lehr, @Michael Ferrera, @Ginny Montoya, @Linor Havia, @Peggy Garnaat, @Cheryl Sweet, @David Meysenburg, @Sanket Gupte and @Jennifer Filzen are all real people and are not fake accounts. 

Thanks for confirming that!

Over time, guests will leave reviews confirming your description and this will further your credibility and trust. 

Depends on your financial reserves, risk tolerance, and long-term investment strategy.

Your DTI will get maximized and you'll be short capex & reserves when the cost of capital is going to be higher the next 10 years than the previous 10.