(I've heard stories about boondockers getting chased out of the walmart parking lots here, but not from any direct source.)  

Depends on your credit score and debt to income ratio etc .If it us full doc and it is a primary residence sounds a little high . if it is an investment sounds pretty solid .

I've found a single-family home and plan to rent it to master's students to generate income.

Establish specific objectives for wealth building, financial independence, or passive income.

what if the laws changed and that impaired your ability to get income you needed to pay your mortgage?

Getting started is as always the hardest part - building out the logistics, legal bits (for import duties, etc), marketing (be it a website, direct b2b marketing or Amazon) and sourcing the right suppliers are all equally difficult (yet interesting) tasks.

A property management company pays 15.3% self employment tax on income. 

I would like to offset other Schedule C income for 2023 with the STR bonus depreciation from the cost seg., but it is not looking too promising. 

So good reits where you can generate growth and income while learning the ins and outs of real estate and the vocabulary is a good idea. 

When I self-managed C Class properties, I would put the requirements for tenancy in the rental listing (3x rent in income, 1-month security deposit, criminal check, etc.), and then when the potential tenants called in, I would speak to them for a few minutes, explain the requirements, get some sort of verbal confirmation on some or all of the requirements, and then invite them to different showing times I had set up.