As for charging extra rent, check with state local landlord tenant laws as could be violating fair housing if charging more just because more members in family.

Engage in social networking with other investors, both locally and virtually, and investigate innovative funding alternatives such as VA loans, FHA loans, or other government-supported schemes.

I'd highly recommend local meetups and talking to real estate agents.There are companies that offer help with the execution of rentals and BRRRRs, but this typically comes with a large chunk of upfront fees or cut in equity.

The seller (also a local agent that sold his home himself) disclosed there was a roof leak and was fixed in July 2023.

In general if sellers are looking for a larger down payment we try to introduce them to local credit unions or lenders that can utilize compensating factors for qualifying on more favorable long term financing solutions. 

Managing it yourself - You or your team collect the rent, deal with local contractors for repairs, in essence hands on 2. 

I'm a local investor and agent in NJ.

House hack locally

La Crosse is a great place to start investing with 4 local colleges, 3 major hospitals, and several large companies there is a high demand for rentals.

I reached out to local attorney for LLC, rental law etc and they only take cash or check as a retainer and payment.