Drove passed by this home, from another potential investment deal.

We are more than willing to travel out there to interview the potential companies in person, but, like I said, we are not interested in managing these properties ourselves and are looking for suggestions of potential PM's.

Given your situation, here are some considerations and potential steps:If you plan to convert your current residence into a single-family rental (SFR), you may want to explore refinancing options.

Could be a nice AirBNB studio with income potential up to $1500/mo by itself.

Is he being overly cautious or is this something that could potentially alert the lender?

This was my first taste of what is possible being an investor within real estate and gave me prospective of what I could potentially scale to.

Make sure potential builders sign a non-disclosure agreement (NDA) before showing them your plans.

When screening potential tenants, be sure to check for credit history, rental history, and ask for references from previous landlords or roommates.

We got a reply pretty quick & brought the potential tenants over and let them check out the house.

They can provide insights into tax implications, specific filing requirements, and potential deductions.General advice?