While the other friends/tenants have agreed to share responsibility, I'm concerned that once they're actually accountable, they may opt to drop the lease and, ideally, move out.

Nearly a half dozen of my clients are looking for their next househack or MFH in DFW right now, so just a piece of advice....move quickly!

There's actually a few of them - I would encourage you to ask it in each one. 

Anytime someone brings up a reason you will counter it with your own logic and actually push yourself further and further away from where it seems like the place you want to go.

If dealing with Dauphin county housing authority, good luck if you actually get ahold of anyone on the phone. 

I have heard of a company that I am drawing a blank on that will pay you for a piece of the equity.

Reno may not be for you, but I highly suggest looking at the actual net profit of people generated by their STR's for the entire year.

Also, after reading RPI by Brandon Turner, I'm aware of multiple strategies, but since I've never actually invested or bought a property yet, I feel like I'm overwhelemd by all the options, and find it hard to get started. 

The good news is that cashflow is only one piece of the wealth-growing puzzle.

I am kind of the investor friendly agent for KY and actually specialize in the furnished rentals.