In recent years, Astoria has become a popular destination for younger generations to dine, hang out, work, and live.

Take the 3 bed 2 bath, rent out a room if you want the extra cashflow.

If you need that extra cash right now, it might be worth it, but you’ll be sacrificing some of your monthly cash flow.Option 2 offers a slightly lower interest rate and no origination fee, which gives you a bit more room in your monthly budget.

Also is it considered a room in your house or a separate unit? 

Utah is ground zero for these boiler room operations.. just another money grab for those dreamers who think they should be able to do real estate deals with non of their own money... those folks that reply to these are the easiest targets and have 3 to 5k in their credit cards..

When I will be renting a room or basement in my house (that I will be buying as primary residence), I’m planning for the roommate to just zell me the monthly rent directly to my back account.

Do you plan to rent it out as an STR as an entire home, or by the room? 

I have a storage room that is old and worn (leaks rain and has a smell of rat droppings) that I have a plan to tear down and rebuild in the near future.

Anyone here have experience with Rent by the Room in CLEVELAND HEIGHTS?

I would contact other facil and see if they are looking for more spaces. 2) Co-Living / Rent by room strategy - I would try to turn that half bath into a 3/4 or full and then it could work very well.