And before I get roasted here for bursting bubbles: apply for a large DSCR loan and tell them you have no experience as an operator...

If it were good, so many people wouldnt shy from their experiences. 

Without that you can be sued personally for any issue within it on your str.Its much harder for people to pierce the corporate vail and sue you personally if your property is owned and managed in a LLC .Financing is one of the only drawbacks as it is a commercial process and banks usually like to see 3 years of a decent tax return.We have 19 properties and all are in an LLC and in fact we only hold 2-4 properties in each LLC (all are owned by one parent company and done in one flow through parent company)to even further shield the liability that may/can occur on a property.There is no doubt you are exposed to higher risk on many fronts if an investment property is held personally.

They are violating the lease agreement by having others live there who aren't on the lease, this is a real liability concern with your insurance so that should be addressed. 

If anybody has any personal experience or any good books/blogs, I’d love to hear about them – thanks!!

Our goal is to transform your business by:Freeing you from micromanagement: Focus on strategic initiatives while AutoOps handles the day-to-day.Boosting customer satisfaction: Real-time job updates, contactless billing, and a streamlined experience keep your customers happy.Empowering your technicians: Spend less time on paperwork and more time completing jobs.Streamlining your admin: Improved organization and reduced workload mean less stress for everyone.AutoOps goes beyond basic task management.

Gain some experience and some REAL confidence not just false bravado.

Does anyone have experience with property managers and renting by the room.

Out of state and PM intensive don't always go well together unless you have experience or a concrete plan.Akron as a whole I do believe to be a great cashflow market even in these days of little cashflow.

I think there's a lot I can still take from your experiences though, so I appreciate your in-depth explanation!