Renting rooms in a single family house?

[Jordan Lisenbee]

Hello everyone I’ve spent the past year and a half saving up some money I’ve got about $20,000 saved up and I’m looking to buy a single family home with 3+ bedrooms, a basement and 2.5 bathrooms. My plan is to rent out the rooms and convert the basement to rent as well. I plan on doing this with my long term friends they are all financially stable and have jobs and the income to support the move. I am worried it may still be difficult just because a lot of the possible properties around my area (central Ohio) seem to be more in the $200,000 range worried my price point of about $400 per month for rent may not be enough to cover the mortage and other expenses wondering what everyone thinks about this. I’m 20 years old I don’t know if that’s relevant information but who knows, thanks in advance!!