Renting by the room in Pittsburgh

[Grace Green]

I'd like to buy a SFH with 3 bedrooms and rent by the room to other young professionals, but I'm curious what all of you think about using this kind of strategy in Pittsburgh. Is there a demand? Do you think it might work in some neighborhoods, but not others? Maybe you know of other people doing this successfully or you have ideas about the kinds of things I should be considering. Or maybe you've read good books or other materials on this subject that I should check out. Let me know what you think.

[Kirk Zandier]

@Grace Green I am considering renting by the room as well. My thought is you want to focus in areas that have young professionals i.e.neighborhoods surrounding the city - Mt. Washington, Beechview, Dormont, Brentwood. You could also consider looking at homes near the cracker plant, those neighborhoods should also be ripe with the tenant you are targeting. 

Also, I think it important to have sophisticated lease contracts since this sort of renting is more nuanced.