So while some rules only affect potential residents, they can have the effect that investors in land like us will have trouble finding buyers. 

Are there any particular management practices or tools that have proven effective for rent-by-the-room setups?

I have about 25000 saved up and I'm living at home for free how much of that should I spend on a property or save.How does someone truly manage a property "effectively" from a distance? 

I think I need to hear more about the law before and the law as it would go into effect and make sure I'm not misreading something. 

You just have to make sure once you vacate your primary and converting into a rental, how would your DTI (debt to income ratio) be effected.

We saw an 85% increase in our premium this year and because of this, we are choosing to go with the highest deductible we feel can live, effectively choosing for catastrophic purposes only.

Purchased all cash as a major fire damaged home and knocked almost all of it down and re-built it with new addition and rooftop deck with jet-liner views of the city!

We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.We've got some great S8 tenants, but also some not-so-great ones that abuse the program.PM us if you'd like to discuss the reality of using S8 effectively...

We offer early termination for basically all leases, which is 1 month plus the deposit if there's no damages. 

I have about 25000 saved up and I'm living at home for free how much of that should I spend on a property or save.How does someone truly manage a property "effectively" from a distance?