Effective Rent By The Room Strategies

[Dan Mackin]

As it becomes more prominent in the US it seems there should be a discussion on renting by the room. Yes, I'm aware that this has been done forever with student rentals, but I'm specifically talking about post-college. What I would like to know from those who are currently involved with this method are the following:

Pros/Cons

Extra expenses

Cashflow difference between rooms or entire unit

Potential headaches

Navigating tenant disagreements

Anything else...

This method fits within the house hacking guidelines and I'm working on a full document outlaying the differences between renting rooms and entire units to adults.