There is much less new supply of single family homes, so the rental rates are flat to up a little; this does depend on the neighborhood though, in some of the fringe areas where there is a lot of new single family home construction the rents are a little softer.

If they are not happy, they can leave at the end of the lease.  

I'm interested in learning all I can about this kind of stuff and wanting to dive in and have rental pay my monthly mortgage!!!

No one can answer questions like this because the strategy depends on the investor's level of interest, financial framework, location, and many other factors.

Also, I want to know if a property such as this warrants an LLC even if it is my first investment outside of personal use properties.

I love it and want to understand how it works.Does anyone know if the results of these surveys impact the rental owner's listing?

I’m a bit of a nerd with an analytical streak, attempting to break out of my shell and be more social—so if you see me in real life, get ready for a nerd trying to be outgoing!

A lot of people assume the rent-by-room model works best for travel nurses.

If you provide more details on the home value, existing mortgage remaining and what the interest rate and payment are you may get some better advice.Is your dad willing to take that $100k of equity over time instead of all up front?

Also, I always keep a few generators handy—trust me, it’s saved me (and my tenants) a ton of headaches!