Converting SFR to Per Room Rent Model

[Tom Kaser]

Anyone renting per room with success? Do they stay long? I have a 3 bed, 2 bath house in Denver Metro area I rent to a couple (no kids) for $2,000 per month. I could propose to them I rent the downstairs room for $800, and the couple pay $800 each, $1600 combined. Their rent would go down $400 and my cash flow increases $400. A potential win-win situation, provided everyone gets along.

I’ve never done a rent per room model but I see more profits. Any thoughts?