Or is it better to utilize different strategies?

To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.

Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!

For further context, we are trying to have him be the name on the loan because he would be able to utilize his first time home buyer loan to take advantage of the lowered offered interest rate.

After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.

Hello Biggerpockets Community, This is my first post as I am trying to utilize BiggerPockets more. 

@Shelby Ek Do you need to activate the utilities in order to qualify for the loan you are getting?

Tenant handles all utilities and lawncare.

See if those can be covered for utilities.7.  

Easiest thing to do is to utilize your channel manager to create one (most have this feature) or maybe consider houfy.com or craftedstays.co, they are specific for creating direct websites.