Make sure you are regularly changing your title, and moving your pictures around. 

A relative lives there now and has a few units giving a regular cash flow but they say the market is over saturated.

If you are wanting to learn more about how to protect yourself as the PML, check out the book Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending available in the BiggerPockets bookstore!

Even though I was cash challenged I held onto my house (putting past due payments on the backend) and had equity to sell, pay off debts, and get my credit in check.

If you don't, the risks could be (significantly) higher.I've been investing overseas with investors since 2017 before it was as fashionble as it is today and shared my experience in the forums by replying to hundreds of posts on the topic so feel free to check those out. 

You can still do a cost segregation study (assuming timing isn't an issue), but the cost of the study may prove to be more costly in the long run for you than just taking regular depreciation on the property.

Now the regular pages are just the same words I hear on podcast.When I started my one and only SFH I spent 1/2 year longer renovating than I planned almost doubled the budget, moved a family of four and a dog into a 700 sq ft home, slept in laundry room had no a/c(I work in extreme heat) almost got a divorce, lost 600/month for g months longer than I planned, had cops called when I found perfect tenant three times in two weeks had “maintenance calls” three times in in a month.

What company do you use for background and credit checks? 

Check out the guys Miliraty to Millionaire (https://www.frommilitarytomillionaire.com/)They have great content on their website and podcast for service members growing their wealth through REI. 

@John CarrYour lease should have parts for both a fee instead of a security deposit and a regular security deposit.