Possibly advertise on craigs as a job with the perk of living rent-free? 

They don't advertise.

Personally, I would simply advertise it as "three-bedroom unit but one bedroom does not have closet" or "two-bedroom unit with an office space that could be used as a bedroom."

(Because applicant’s credit report would be accessible to you through the site, I would ask your agent to open his own account there, advertise your property, and deal with everything from A-Z - for liability purposes - like he would anywhere else.

Mike I'm going to agree with this and have known at least one stay at home mom who was abandoned by the husband and left alone with 3 kids who followed this path and did very well for herself.

I guess it's not too common if a vendor was advertising it (at least not Home Depot common).

I know of some furniture companies doing staging for free, as it can help to advertise their products while you are trying to sell the house.

You have to build up a buyers list, such as by advertising or going to your local REIA.

I typically see advertised 5 and 6 caps with actuals probably not matching that rosy pro forma.

In one particular instance my town received hundreds of thousands of dollars to clean up the site of a former grand hotel from the turn of the nineteenth century that had been abandoned with full above ground and below ground oil tanks.