@Kevin Turano, that appears to be a deed not a lease.

Great for a smaller Mom & Pop landlord.

So square footage for only the bedroom you rent, and possibly a bathroom if they have exclusive access.

I'm a 2x house hacker in LA and a case study in the Bigger Pockets Book, "The House Hacking Strategy."

@Audrey SommerAgree with @Nicholas L.If I may, it’s not a 50% cash flow rule. it’s a 50% operating expense rule. 

@Justin Brin Yes, you can elect to aggregate your rental properties for Qualified Business Income (QBI) purposes, but once you do, you must continue to aggregate those same properties in future years unless there is a significant change in circumstances (such as disposing of a property).

I have been sued multiple times by tenants and never did a thing wrong and never lost a case.

Some doing IRR as an example but on a yearly basis and just combining the income and expenses as it happened on the first of each year.

Our family went to a restaurant that had a "claw machine" with colorful prices.  

Toss in a BRRRR strategy with a few other strategies and the potential to live mortgage free and cash flow when you move out of property is real.