If after a few tax seasons you feel comfortable handling it all on your own, then feel free.

If the boyfriend wants to stay and the girlfriend is not leaving , then thats his problem , not yours .

Would be great to connect with a broker or management company and get thoughts on growing areas and areas to stay away from.

But length of stay after having moved in is more subjective.

As long as you do your due diligence and stay up to date on your property then having a property manager can be really beneficial.

Know your break even occupancy, compare it to the average occupancy rate from the last recession in your market, and be sure you feel comfortable with itLong Term Permanent DebtLook for Financing from the likes or Freddie/Fannie who offer 30 year amortization with 10 year terms.

Check the short term vacation rental options in the area- Extended Stay America, Airbnb, VRBO etc. and undercut them initially to ensure you can build reviews and a brand. 

Stay away from individuals who want to micromanage you.

You will acquire it quite quickly once you own a rental property.I was always told the best way to learn a foreign language was to go to a location where it is commonly spoken, and force yourself to try and communicate until you are comfortable with it. 

@Michael Plaks @Eamonn McElroyAs usual I browse BP for tax forums and am staying up later than I should.I think Pubs 527 & 535 are helpful here...When you refi a rental for a higher amount than the initial balance, the amount over the initial balance is not deductible.