It should be in a great location in the city, zoning should be okay, or since a Railroad will not allow any Human habitation, easier to get special use.6. 

The solution no matter how you take title (particularly as a landlord) is to exceed the implied warranty of habitability, make sure you are up to date on all licensing that's required to legally rent the 5 units, identify and eliminate premises liability risks before anyone is injured, and be fair and responsive with your tenants.

As for the credit rebuilding side — one tip I’ve come across that might be worth looking into: • If you know someone with good credit and payment habits.

What you are feeling is normal, mainly in today's era.To achieve financial freedom in your early 20s, involves building a strong foundation of positive habits, strategic planning and good financial habits that will set you up for long-term success.

However, Tacoma Housing Rules state that ”A landlord or master lease holder renting to four or more tenants in a dwelling unit must have a separate rental agreement for each habitable space”. 

If you’ve ever read The 7 Habits of Highly Effective People by Dr.

Make all repairs and do whatever is necessary to put and keep the premises in a fit and habitable condition.3.

The simplicity of how a tenant reports maintenance & how efficient that repair is scheduled & complete are vital.

You can create your own, but they might not always be legal in Texas or missing a lot of vital paragraphs.

What qualities, systems, or habits made a property manager stand out and made the experience positive for you?