Any tips or guidance would be greatly appreciated. 

this is an incredibly powerful way to get started.i don't think you need a mentor. 

House hacking is a great way to test the waters and become a landlord to find out if you really want to continue down that road. 

Airbnbing the rooms + small cashflow on the LTR should bring in about 20k this year at least.

There are many programs out there, but I happen to hear a radio ad on this one and I have been very pleased with my mentor/coach and the system in general.

I've been using airroi.com to check out different markets that look attractive and so far have came across Charleston & Nashville.

Check for experience and their fit with your personality and need for education, and accessibility.

They will obviously find out.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

Also go down and rip out the drywall, start cleaning up.