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Updated over 7 years ago,
Deposit for roommate
I have a 2 bedroom/2 bathroom primary residence that I bought with the intention of renting out the extra room. Originally I had a friend renting from me for about 2 years, and there were MANY lessons learned.
This time around, I plan on having a required deposit, but not sure how much it should be. I think 1 months rent would be a little overkill since they will just have the room and bathroom (rent will be $900). Is half a months rent a good number?