College Rental - Home for your child to live in w/roommates

[Brian Henry]

Has anyone bought a home out of state for their child and roommates to live in?  This is our 1st venture into a "rental property".  We are putting our son on the loan as he will be the part-owner and occupying the property.  I have a number of questions about the right way to do this and things to be thinking about...would love to hear from someone else who has already done the same.  Thanks!