U will never get a dime of rent and you are going to have to probably do as you stated find your own attorney.. its better to leave property vacant than to rent to folks that have terrible credit.

One year ago, I was hired to help a landlord whose tenant had stopped paying.

I pay a real estate agent for listing properties and I handle payments through Rentec Direct app.What is the rate that should be paid for property management (partial PM as described).

Your tenants can only continue paying similar rents if they remain employed at similar wages.

In addition, you've got your HELOC on your primary you'd have to be paying back also.

Happy to let this property do what rental property does best- pay for itself.

So, with large numbers of new graduates entering the field who are CHEAPER, someone established in the field may soon find themselves with "golden handcuffs" unable to find positions with the same pay as they are replaced by these younger cheaper options. 

So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

. - If you just personally paid for the renovations then the interest won't be deductible because "paying yourself back" doesn't qualify. 

If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not  bad idea but if you think you will overstretch yourself renting is nto bad either.