We live in San Diego so would be long-distance, TBD if we self-manage or enlist a PM. 

Hi All, I have an investment property in NJ that was my second home when I lived in PA.

Living in top unit and renting out the bottom.

At minimum, stage the living room and primary bedroom to give it some warmth.That said, have you thought about cutting bait and putting your money into a market where the numbers actually work?

I currently live in Michigan. 

Do you have live meetings to ask questions to experts?

I have a client that bought a condo to rent after living there and the HOA ended up outlawing rentals.

But this was an awesome opportunity for me because this is my first living situation where I will be on my own (and getting used to paying a rent/mortgage) but this will put my overall mortgage on a 400k house at roughly $2000 a month for the first year!

My understanding is that typically, a homeowner must live in the property for at least a year before converting it to a rental.

I invest in about a 50 mile radius from where I live.