The equal housing law has strict requirements mandating stellar special insurance and who can manage.

I know a lot of regulations are being passed in cities that are strict.

Do you have a team on the ground with strict criteria of what you are looking for?

Thats how I operated my own real estate company tax wise 15 years ago but none of my agents were INCs/LLCs, so they were paid strictly as contractors and 1099d.I’d ask my CPA relative to US tax compliance and I’d find an acknowledgement and interpretation from TREC relative to TX RELA compliance before jumping in.  

I'm hoping you don't get killed by transaction cost minimums.Any way you could turn this into an SBL or is it strictly your primary residence?

You need to call your lender and verify if that's the case or if the property can be strictly a rental property.If your lender is OK with this being a rental property then you should buy Landlord insurance.

It's a LL remedy that only a few states allow, PA being one of them, and the requirements for making sure it's enforceable are pretty strict, so I would definitely consult with an attorney who works in this space. 

@Mark Trebor, for now, this is strictly for our internal reporting process to help us visually see each month how far off we are from our potential, and why we are off.

If you purchase a property with a VA loan and it's legally your primary residence, would your lenders take issue with you being absent strictly during the school year to attend college courses in a different area?

What I mean is that the Labor Dept. has pretty strict guidelines about what constitutes an employee.