In my OPINION, it requires 4 walls, a door and a window and the capacity to fit an adult size bed.Without a window, I think it's a storage room.Without a door, I think it's a corridor or living area.

For longer leases, wait and see how they are before you offer a new lease, make sure to get an application from each adult and I pay the background check fee for existing tenants (anyone on the lease) as a gesture of good will- not their fault the building was sold.  

I just moved to the US last year and am a property virgin here.I looked at a foreclosure a couple of months ago and met a realtor there who got me to sign what I know now as an `exclusive buyers contract`, no excuse as i`m a reasonably intelligent adult but he said it was a `no obligation` form and just a matter of normal procedure here and that I could walk away at any time...fast forward a few days and an email copy of what i signed was sent to me...looks like i`m on the hook for 6 months!

It's yours, you want to be big adult landlords. 

My sheet states the fee is $75 per adult.

However, you're in college, you're over 18, you're an adult - learn to act like it!

Hi Guys,   I came across a property in a active adult community where 80% units are for 55+ and the 20% are with no age restrictions. me and my wife are in early 30's.

Yet that is how so many beginners treat their new "investment" business - they expect others to come to them to solve their problems, or they're incapable of communicating at an adult level when reaching out.  

The application includes a form authorizing landlords and employers to release information to me.I give a copy of the application and the acceptance criteria to every adult who comes to the property -- to avoid being accused of discriminating by selectively giving out information.

Young adults will need to catapult out of the high-priced cities.