Co living in a Multi family property

[Kobey Heberling]

Hello everyone, after listening to one of the new BP podcasts episodes about co-living a SFH i got this idea. I live in PA where you can't have more than three unrelated people live in one dwelling so I think i found a work around. I used the BP calculator on a duplex that has three units in each side of it. Each unit on its own currently catches $900 and $950 and doesn't cash flow with the present numbers but if i rent each bedroom for $650 that would net me gross $3900 ($3250 if i live in one bedroom) each month or over 100% COC return (48% if i live in one of the units).

Has anyone actually done this? 

What are your thoughts?