Are you still in the AF or just working alongside?

The biggest thing I’d say is to just make sure you get your paperwork right from the start.

Honestly- if you are this worried about your screening and tenant selection process, I'd recommend that you talk to some professional PMs in your area about hiring them before you do this on your own.

Are you looking to stick with your local market?

Congrats on your first SFH—excited to see you scale up!

You'll need to prove that you worked more hours than them which is hard to do.

You are deciding between buying a multifamily or a large home and renting rooms and asked the pros and cons of buying a large home and renting rooms.The first thing you want to consider is zoning and how the local government regulates rentals.Some communities limit the number of unrelated people who can rent in a property.Once you confirm how many people can rent in a property you want to have a local title company look at the deed and covenants that may limit the number of unrelated people who can live in a property as well.The pros are a property may check out that you can rent to a reasonable number of people in the property and the cost of the big house may be less than a multifamily offering a greater ROI and you are using the property for its highest and best use adding value to the community with affordable housing.To Your Success!

Welcome.... so happy you are here! 

Instead of tying up a huge chunk of capital upfront, you can leverage a lower down payment and let your money work for you elsewhere.          3. 

As long as you realize that we can see numbers like that again , and you have the reserves to cover it you'll be fine .