Hey Paiea,When I first started managing my own properties I used excel coupled with Quickbooks Online and it become very time consuming as I grew.

I charge everyone the same although clearly larger groups consume more water, gas, electric, result in greater wear and tear, and require more effort to turn the property.

I virtually have zero consumer debt and would still be able to maintain my current lifestyle with that big of a pay cut.Another concern I have is how it could potentially affect my attractiveness to lenders.

As far as where to go from here, just consume as much as you can.

If I were in your shoes, I would sit down and see where every penny of your income is going, study the debt snowball and get my consumer debt down and keep track of my credit score once it’s fixed.

I know it’s a process and time consuming indeed !

Licensure is way more than worth it and you will gain so much knowledge by studying for those exams...they arent easy though and are time-consuming.

In the meantime, I would pay off all of my consumer debt and reduce expenses as much as possible so that when you retire, your money will go further.

That will be time consuming and even more work if segregated into one account and then having to divide up the interest received.I would use a standard lease--possibly one adapted by your state association.

AirBNB provides a much better product to the end consumer because of their inherent vested interest.