rent by the room

[Luke Okane]

I've seen the astounding results rent by the room can have and was wondering if anybody here had any experience in this as I had a few questions regarding it. Does this strategy seem too intense for a first shot in the rental world? Also what type of markets have seemed to support this model best? How do you decide on the number of tenants able to fit in one property as I know its more complex than purely bedrooms, not speaking about legality's though. Lastly how do you decide on the rent per tenant as this model is so unique?