Rents for that home are going to be 1800 to 2100.You should net about 200/mo  Deprreciation would mean your rental income plus a little more of your regular income would be tax free.

I specialize in investment property loans, and I’m happy to help you figure out which loan type would fit your strategy best.Also, regarding your question on meetups—there are some great real estate investment clubs in North Texas (Dallas REIA, for example) that host regular networking events.

She already works, but now will have her regular low wage job, schooling full time, and will be getting a part time job added to her schedule. 

How would a high appraisal on this home have something to do with buying a new home unless you plan on leveraging this and taking cash out and putting a regular mortgage on it.

Definitely several good ones out there, there are 2 REIA's from what I've been able to find, and then some other local meetups and events that happen regularly.

How to Vet: Look for CPAs with STR expertise and cost seg firms certified by reputable bodies like BP, with positive reviews and case studies.Start with a CPA to build a strong tax strategy for your STR.This post does not create a CPA-Client relationship.

Seams aren't perfect but are not bad now, looks like it will end up being a regular maintenance task but at least I don't have to pull up the baseboards anymore!

Could be a regular Invester loan, cash purchase or owner financed loan.

My breakdown is about 1/4 Section 8, 1/4 non profits and the rest are regular folks renting .

You materially participate in an activity if you're involved in the operation of the activity on a regular, continuous, and substantial basis.