There is a time factor that needs to be accounted for as well.In my opinion - you will need to be able to reasonable achieve 2-3x the rents vs. the alternative for room rentals to be worth the squeeze.I'd check to see what other folks are renting individual rooms out for to see if it makes sense diving into.

The deal highlighted the strength of our partnership with Amonte and our commitment to achieving outstanding results through strategic investments.

The deal cash flows or has a clear defined path to achieve solid cash flow4.

@Kevin DuongTo achieve financial freedom in real estate, consider house hacking, DSCR loans, partnerships, and seller financing.

Check on Zillow to see what other long-term rentals are going for in the same area - if the monthly rent you could get would be worth it for you to achieve your longer-term investment goals, then it might be an option worth considering. 

Investing in real estate has great opportunities for building wealth and achieving financial independence.Like any investment, it comes with its own set of challenges and risks.

You should not be relying on an appraisal to determine what you can sell a flip for.You should be doing your own research and coming to a conclusion of what you believe it will sell for, how long that sale will take, what concessions are likely in that sale, and what type of marketing it will take to achieve that value.

The deal emphasized the strength of our partnership with Ed and our commitment to achieving outstanding results through strategic investments.

However, despite all the challenges, I didn't give up and found a great opportunity here in FLORIDA.I'm lost that time I don't speak much English, New people and a new place......Only you have the power to decide how to see things.I learned two languages and achieved unimaginable goals.

One of the other huge benefits is you get plugged into a community full of achievers who have the same goals and is a great sounding board for questions and advice.