You need to build your credit.

Sometimes you will have that next person/family lined up and ready to go, but sometimes it takes much longer and you need do renovations or at least some repairs.

Who gets blamed for and/or has to handle the following unique to nonfamily roommates:1) Missing personal possessions?

Real estate has so many tax benefits and credits available, that I always tell people it's crucial to have a CPA that's extremely knowledgeable in this area.

Small boutique firm, lower mgmt fee, personalized service, good mentions from here (BP forums), focused only on KC.

Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician. 

Personally I find that many of the properties I own show poor numbers from turns and vacancies.

Interest rates need to drop a certain amount in order for a person to make a transaction right now.

This is my personal opinion, which probably won't be popular.If you are worried about the cost of hiring an attorney to create a proper operating agreement for your LLC, you probably don't need an LLC, and if you choose to use an online site to create an LLC, you probably get the protection you paid for.

If the property were owner-occupied, would I only receive credit for one rental unit's income, while the non-conforming basement income wouldn't count?