Is "rent by the room" a market dependent strategy?

[Alec Jacobs]

I am looking to househack in my local area, Beaver County PA to be specific, and I know some people who have done the "rent by the room" strategy but they invest in other parts of the U.S. and I was wondering if it is market dependent or not?

It seems like you would want your property be close to amenities since it seems like you would trade the comfort of having your own space to being in a better area for a cheaper price but I could be wrong. Is it possible to rent by the room anywhere?

Any insight is greatly appreciated. Thank you!

[Alec Jacobs]

@Jake Andronico

@Jake AndronicoThank you for your response! 

Another question, what bedroom count do you typically go for? It seems like anything below 4 bedrooms isn't able to cashflow, at least my market. I'm assuming utilities are in your name as well since splitting up that would be strange.