I have the time and some funds set aside for this.  

We deployed thousands and thousands of our capital to a specific borrower that met very specific guidelines as set forth in our credit policy manual.

My insurance and property taxes are also set up in this manner. 

NOI/variance, weekly leasing updates)- Tenant screening process (what software do you use to vet tenants and set them up once they are approved, how do you keep track of marketing/, do you handle lease preparation, how do you handle tenants that pay rent late (or not at all), etc.)

There would be no tenants I would have to deal with, only setting up a date for renters to move their stuff in and out.I'm also wondering if it would be a better idea to rent out the entire basement, or break it up into smaller rentals (i.e. a 30x30 space or a bunch of 10x5 spaces etc.)I'm imagining there is a market for people who need to store boxes for a quick move etc., but I can't imagine one person filling the entire basement so that's why I'm considering breaking it up if possible.

I'm not sure the specifics of that market but my initial gut reaction would be that 90+ day stays may be a bit too limiting to make an MTR worth it. 90 days could work well with the average 13 weeks for travel nurse contracts but may limit your digital nomads, business traveler, etc bookings.

Hello,We recently purchased a rental property and created a domestic limited liability LLC (two members - my spouse and I).

- How do you vet tenants (screening criteria), marketing, tenant portal access set up once approved and moving in, etc.?

It may be harder to set off the entire mortgage payment with house hacking, but any amount that you can lower your living expense is a win while simultaneously having your property appreciate.

Was the original term 5 years in and now set to mature?