I'm a little lost lol I think I forgot to add a few important aspects in here.

And the fact that it never even feels that cool in here, not even on the main level, let alone upstairs.

Cash, at the time I was not working with any asset backed lending company and I couldn't interest any local banks due to my lack of experience and the high risk inherent in the project.

That might be a requirement for a nightly room rental.I would drag @Luke Carl in here to comment.

I am also wondering if there are any steps in here that I've missed or that I could do better. 

She is paying $1,400 a month and all utilities are included in her monthly rent.She is going back to Brazil December 5th - Feburary 5th to visit her family for the holidays and do some lab work out there. 

Below is the response I received from the managing body.MY OBSTACLE: "In regard to your subleasing idea, the structure is such that we could not effectively manage a sublease scenario because to do so would be to delegate risk mitigation to another party.

Wife and I bought a house 170K in my name with  first time home buyer mortgage 800 renting for 1800i have another house 225k in her name with first time home buyer We live in mortgage 1400 house hacking it for 800 a monthwe save 2000 a month from these propertiesi can’t get a lender to lend me anything else until I have 6 months saved up on both houses and 25 percent of my next  property . does anyone know a way around that or a way I can do this better 

Wife and I bought a house 170K in my name with first time home buyer mortgage 800 renting for 1800i have another house 225k in her name with first time home buyer We live in mortgage 1400 house hacking it for 800 a monthwe save 2000 a month from these propertiesi can’t get a lender to lend me anything else until I have 6 months saved up on both houses and 25 percent of my next property . does anyone know a way around that or a way I can do this betterI have 14000 on hand and I saved this all this year.

Look into permitting as well, big obstacles here in Austin