They have a regular fee of $100 for services outlined in the agreement.

To second what @Sasha Mohammed outlined, it sounds like you owe $435k on a $450k property?

My understanding is that when renting out rooms in a primary residence, the income is classified as boarder income and isn't counted towards DTI, as outlined in Fannie Mae's guidelines(https://selling-guide.fanniemae.com/Underwriting-Borrowers/I...).

I can provide you with an interactive map that meticulously outlines which streets allow for student rentals, offering clarity and ease in navigating the local regulations.With house prices and interest rates on the rise, coupled with the university's expansion, rental rates are experiencing a corresponding increase, ensuring a favorable outlook for investors.

This policy should outline your criteria for tenant screening, including credit checks, rental history, employment verification, and background checks.Renters Insurance: Renters insurance provides financial protection for tenants' personal belongings and liability coverage in the event of accidents or damage within the rental unit.

We have rough plans below (red outline is the original footprint). 

Everything else after this is usually virtual.Here is a general outline of what you don't want.

There is obviously a formal lease, and we also supplement with a room mate agreement which outlines the more specific things like overnight guests and expectations in dispute resolutions/ cleaning/ care for the home and appliances, etc.I haven't received one formal "LL request" email yet, other than a formal 30 day notice in the event of a move out, which is usually after they've come talked to me in person about it to begin with. if there's an issue, it tends to be pretty limited to "hey, we have this shower rod falling off"... which im usually here to deal with (and tbh most of the time they like to fix it up with me), and it doesnt need to turn into a big thing. as for keys, i have the house on a yale smart lock, so 'handing over keys' is just official move out, walkthrough of the room for damages, and then I can delete their access code and access to the smart home systems without having to re-key the house. 

You still may run into the dealer/investor dilemma that I outlined earlier. 

Develop a clear investment plan that outlines your criteria, target market, and desired outcomes.Start Slow and Scale Up: Real estate investing is a journey, not a sprint.