Best,Themis Holla

Best of luck with your project!

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

I have been reading many books on finances, rentals, and real estate and feel this is an area I can have more "control" over my investment rather than placing it all in my 401k and hoping for the best. 

Wishing you the best in your future. 

Finally, what’s the rate of return for alternative investments? 

For multifamily or commercial, the rental rate impacts the value of the property. 

These areas might have higher property prices, but they can offer premium rental rates and higher occupancy.

Best,Emily

I have not done stats but there is a high failure rate for people who are walking the property every day.