I’d think long and hard about this and possibly set up financial parameters for who is responsible.

I highly recommend attending real estate networking events to meet more people is this space and pick their brain and learn more from their projects and see what is working and what is not.

Cover the boat and/or put a "NOT FOR SALE" sign on it and go about your day. 

Great Buy and low interest rate. 3.5% How did you find this deal and how did you negotiate it?

It’s easy and so worth it unless you have 30+ units.

I am a beginner in this and I would like what basics questions should I check before getting into this business.

A lawyer might be able to answer this better, but most rentals fall under fair housing laws (there are exceptions) and that protects against discrimination based on familial status which means children or someone who is pregnant.

You make the difference from your payment and theirs.

We did floors, and multiple interior repairs ourselves while living there.

Once you complete your class and pass the test, you will start looking for brokerages.