Single Family Unit for Rent

[Britney Boyde]

Hello everyone,

I am fairly new to the BP community and recently purchased my first property. It is a single family unit with no remodel needed and only minor fixes required to be ready for occupancy. I am looking to rent out a home with two bedrooms, an add on room that can serve as a third bedroom and one bathroom. I am trying to determine the best approach to renting out as either an entire unit or by room. The property is located near two community colleges so there is a potential market for renting out shared space through Bungalow or a similar site. Just trying to gage other people's experience with this market. What are some advantages and disadvantages and was the extra income worth any additional effort?

Thanks!