Not impossible either, I've had a number of tenants move in immediately from non-lease situations like parents or roommates.

In all seriousness, you boys would do best just piling into one side of a duplex as roommates and doing a group house hack.

I have future roommates/tenants lined up.

Me and 3 other current roommates would like to move to a new residence in May.

Pros - Higher rents than renting to a family, I can pop in anytime to check on the place, if one guy moves out, I don't lose the whole rent, no wear and tear from kids or pets.Cons - Higher turnover (I usually do month to month which also has higher rent), potential for parties (but I screen very carefully so this has not been an issue at all), parking, roommate drama (rare with professionals).Just another option to consider.I'm a mortgage lender myself and I wish we had a 90% product like that MACU loan!

Does anyone have experience with a PM company managing a property where roommates are on separate rental agreements?

I would see no issue with renting out the master bedroom and moving on; I've never had a problem doing that as long as you find someone who can get along with your existing roommates.

I had roommates the entire time so they helped with the holding costs over the period.

Move in with roommates and get your rent way down.

Hhh