I know this space can be a different ball game compared to single-family, so I’m trying to soak up as much knowledge as possible and connect with others who have experience.If you have any insight, resources, or suggestions — whether it’s books, podcasts, YouTube channels, or just real-world lessons you’ve learned — I’d love to hear them.Appreciate any guidance you can share!

This is normally done by allocating costs based on square footage or amount of bedrooms.Best of luck!

I would also suggest that you contact your local Public Housing Authority (PHA), which usually runs the Section 8 program and might have knowledge of other local resources or particular housing initiatives that may help you find a qualified tenant, such as project-based vouchers (linking the money to your specific unit) or, in some cases, housing programs for veterans (HUD VASH) or other special populations that may need special housing assistance.

At that level, you can do special allocations (so not guaranteed payments) to reflect your extra work.)

Is it your allocated time, the money willing to invest, the location, the level of involvement (at home or at site), your partners, or a combination of all of it?   

@Damon M.You will need an attorney to draft your operating agreement stating how profits are handled, how losses are allocated, and who is responsible for what. 

I’ll just add a couple of tax nuances that sometimes get overlooked with house hacks:- Allocation methods: Square footage is the most common way to split expenses, but in some cases the IRS allows “reasonable methods” (like room count).

Happy to go in to detail with you if you want to DM me, but here are my high level thoughts:-Once you get started, there are TONS of trainings, documents and resources that are available to you and I found to be very helpful. 

Your suggestion about animal control is very helpful, we’ll also keep in mind the idea of contacting senior resources if it seems like additional support could benefit her.

I was getting conflicting information from ChatGPT and diverse internet resources.