Are you able to get roommates to help you offset the cost of your rental ?

Hello All,I have found a few posts on this topic but still hoping for a bit of clarification in regard to this specific situation.I currently have a tenant that is wanting his good friend who is ill to move in with hi...

new to this and just looking for some advice guess i really i don't no where to start so any advice is appreciated bought my first house in may and thing seem to be going well so far its more of a boarding house / house hacking roommate situation with people i know for the moment plan on doing some things to up the equity but am limited on funds i know the neighbors house just sold for a bit more then i paid for mine so that's a plus and mine is nicer and in better shape i have almost no debt for the most part except the current mortgage on said house don't make much from my day job less then 3k a month after taxes and have good credit. i guess i just really need to know where to start should i be starting a LLC or something similar?

Add roommates and learn how to manage it.

The difficult part isn't finding that property; the difficult part is finding quality roommate tenants and having good systems for screening, setting up rules and maintaining your future investment to achieve the best results. 

If you get 2 room-mates you can break even. 

I'm a first time investor considering buying a rental home for my daughter and her gaggle of roommates on a college campus.

I have two roommates in one of the units, both of whom are in the military.

My son is the property manager, and house hacking with three roommates.

Friends don't usually make the best roommates or business partners.