I'll do you one better.

This accomplishes the same thing, but it leaves more of the house available to lease so you can get higher rents and better cash flow. 

If not, factor minimum 15% for management.Also, consider that you will pay taxes on all the income (after expenses).As others mentioned, research the competition in your area to learn the demand/restrictions.Depending on these answers, you may be better off doing this closer to home. 

Can you sell and buy 2-3-4 properties better suited to travelers?

The more up-to-date or "fresh" data the better.

You’re probably better off buying it as a primary and living in half. 

For Woodlawn- The closer you can get to the University of Chicago the better. 

Just do a better job listing and you'll be good!

You need to hire a competent LL/tenant attorney in NJ, and the sooner the better!

My next goal is better diet.