You’ve already taken a decisive step by proving your reliability to friends and family, which is huge.

For example, more downpayment means less interest rate regardless or whatever loan.I am trying to see what sort of action I can take right now so I can plan detailed and measured steps to my goal.

In this case even if the project went south and you broke even or even lost money, the equity (debt) you used would still be covered by the income you are earning on the rental property. 

Is her goal to be nice and provide some of the gains or reduce her taxes by trying to split income between her and her ex?

I did the right thing by asking for the security deposit and first month of rent before handing the keys.For the next two months, she has been a nightmare.

Congrats on taking the first steps on your investing journey.

As a first step, I’ll print and read The Ultimate Beginner’s Guide to Real Estate Investing.

There’s never been a better time to step into the booming mid-term rental market.

What are the steps to getting this accomplished?

Hi BP Team, We have a few homes in Temple, TX and we are looking to rent by the room.