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Updated over 4 years ago,
Looking to turn home into a a rental property for cole
There is a home that I would like (sometime in the distant future) to turn into a rental property. I am leaning towards renting it out to college students (room by room) in order to maximize my cash flow and due to the fact that it is within a 10 minute drive to campus. The home has an attached apartment (2 bedroom and 1 bath) a garage and the actual home is 4 beds, 3 baths with some big Family rooms and other space that could be transformed strategically to attract students or make the home more appealing/rent for more. The home is in Akron and in an “ok” neighborhood, but nothing special. I will be studying zoning in the area and researching all related information to paint myself a better picture of my options. That being said, any tips, tricks or other wise words of advice would be greatly appreciated. Thanks!