@Stephen Bruce  Aside from rent, security deposit, and the fact it is a verbal month to month agreement in the estoppel you may want to have a statement about whether they own the appliances  or anything else that could be  questioned (unless you don't care). 

If you have any other pointers or starting tips, feel free to reach out.

With these tips in mind, you’re well on your way to successful house hacking.

If you are quoted something else from a lender presenting it as a "DSCR" loan, you should tread carefully, as something fishy is likely going on

@Logan Guerrero one of the challenges with maintenance is owners not having funds.So, we've learned to prioritize maintenance issues:1) Health & safety issues2) City & S8 inspection issues3) Property preservation4) Direct marketing issues (purple walls)5) Miscellaneous

Your motivation will take care of the rest, but be realistic. 

Does the IRS care about the type of loan I'm using?

I just wanted to hire someone and have them take care of it.

One last tip, make sure the base boards upstairs are not touching the floor, even just 1/8 inch gap is good.  

I have been trying to follow bigger pockets to educate myself(tips and tricks for funding, info on how to make REI more passive,etc.)