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Updated about 1 year ago,
Terminology question - SFH versus Multi-Family
Newbie question. I have a single family home that has been converted with five individually secure rooms. Tenants (college students) share a common living space with 1-2 tenants per bathroom. They sign and pay separate rental agreements. The set-up is similar to an apartment or a dorm. When I'm asked - do I have a single family property with multiple units? or a multi-family property?