I'm thinking about renting the basement room and share the kitchen. my question here is what are some requirements or tips when renting a room 

The unit we have, one block further back from the beach we have been getting a little over 35k gross per year.

@Melinda BarrettWelcome to the community and be ready for a huge amount of information at your finger tips.

Everyone's tips have been so helpful thus far.

Be happy to chat about this further over the phone anytime.

I'm originally from Western PA as well (Slippery Rock) and now reside in Atlanta.Here is how I am looking at it along with the assumptions I am making:1) I think the growth prospects are better in the Atlanta market than Pittsburgh from a pure demographics standpoint.2) I estimate your return on equity at 7.2% currently3) Over the long haul appreciation is going to take you further when it comes to net worth than cashflow will4) Doubling of the roofs is doubling the expensesThings to consider:1) What is the year built of your Atlanta property vs. what you could replace it with in PGH?

Welcome to the community and be ready for a huge amount of information at your finger tips.

@Kyle Souza A couple quick and fast tips on qualifying for multifamily loans are having enough experience in the eye's of the lender, a 1.3X DSCR (using lender underwriting..not broker's underwriting), and a net worth equal to or greater than your loan size.

Welcome to the community and be ready for a huge amount of information at your finger tips.

@Jared W Smith, Thank you for the insight on the DOB, this is duly noted when further looking into properties going forward.