Vancouver - British Columbia - Renting by the room?

[Tomislav Glamuzina]

Hi everyone,

I had a pretty quick question which I was hoping to hear some different perspectives on. I plan on purchasing my first property soon and in order to reduce my mortgage I will be renting out some rooms individually. 

So, my question is. Has anyone had experience with renting out by the room? Pros/cons, house/apartment/townhome, locations, legality. Curious to hear anyone's experience, maybe what went right and what was something learned.