Be sure to screen the additional occupant tenant as you would a new tenant that you are selecting for the property.By doing an additional occupant agreement you then could collect from both if there was a need to do so.

When Airbnb asked for my reasoning, I didn't discuss vacancy but, next time, I'll select a different reasoning i.e.

I've been interested in New Haven because theres a bit both B and C-D neighborhood. there are some ghetto parts which like I said I'm fine with I grew up in some rough parts of NYC mid 90's I know how to handle my self in these area. and as long as I'm thorough and diligent with my screening/vetting process in tenant selection, I should be able to find decent people to make my tenants. there is huge working class in New Haven and its seeing slow stead growth. 

I'm curious if anyone knows of a turnkey contact for out of state in investors in the Sarasota County area (from Sarasota down to Venice).Someone doing there, what Eric Fernwood does in Las Vegas, where he helps investors, select the right SFR's, purchase them and then get them rented out. 

-Contractors not performing, low appraisal, unforeseen renovations, finding a deal that works, offering the right price based on financing and timeline, materials selection, contractor management, contractor vetting and selection, contractors contractors contractors...This is not an easy game to buy and hold multiple units.

Only a select percentage of renters are looking for that size or pay a premium for extra bedrooms.

Carrier selection.  

The lender selection is vital to a successful 203k and they area also required to select the 203k Consultant.

Their neighborhood selection process is key in affording investors a home in an area that instantly produces positive cash flow and high probability to earn above average market appreciation over the long term.

Over the course of a few months I purchased two properties and I'm currently working on selecting a third.