And, the $20K you received from the seller is not counted as taxable income to you either.Does this answer your question?.   

Regardless of when it is given count from the 1st of the month following notification to the end of the second month.

In which case go over the floor diagonally, or criss cross pattern type thing to help remove and level the floor.

If the monthly income is $3940 then your expenses should be around $1970/month not counting the mortgage.

But I've got my fingers crossed for you...Keep us posted, ok!? 

If you have MLS access cross reference that with reliable real estate data (news articles, studies, government agencies) to find where the hot areas are.I'd say it all comes down to knowing your market and your audience.

FYI house hacking is not an option.Jeff  A lender is going to require you to have the funds for 2 full bank statements to count it.  

I can count on one hand how many times I've had a late rent in the last five years.

Count me in and let me know how I can help! 

Mine has 1.5 and more square footage if you count the carport, front porch and back, screened in deck.