Student Rentals

[Wade Currie]

I am currently a student at the University of North Carolina Wilmington and interested in the buy and hold model to create passive income. I realize the potential cash flow opportunities (as well as possible headaches) in renting to college students. Before the age of 25 I would like to acquire at least one property within a mile from campus. My question is what exactly allows you to charge on a per room basis as opposed to renting the house as a whole unit?