I don't have your answer, but I do want to let you know my concern.  

Thanks Sarah, I don’t see much house hacking going on in Essex or Dundalk in terms of listings on Zillow or FB so my concern would be finding professional adult roommates that want to house share in that area. i’ve been following a lot of the midterm rental groups in Facebook and the consensus is that contracts have decreased significantly and hospitals are using more local labor pools.

My biggest concern is managing additional units and tenants.

I am in it and feel it is worth it as they have groups all over the country who, with experience transaction coordinators and funding groups, and even closers to help you along the way.

Quote from @Michael Smythe: Would only recommend on a Class A property in a city with major housing shortage.Then you are likely to get solid white-collar tenants that understand the living arrangement.Otherwise, you'll get transient type tenants that will be nothing but trouble.This was what I was concerned about. 

Step into their shoes, listen to their concerns, and meet them where they’re at.

It was in a over the garage office/bedroom that never got used.

I do feel that rents are probably going to catch up over the next 3 - 5 years.

Over promise and under pay then keep delaying.

I would encourage anybody with an SDIRA to consider switching over to a Checkbook IRA for some of the following reasons:1.