@Matthew Beninate Relay Financial is who I use.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender How did you add value to the deal?

Or is it calculated daily and the base rent increases after 10 days when the late fee hits the account?

You could, for the purposes of verifying that you are not renting to someone who is potentially dangerous or financially incapable of shouldering the burden of being a roommate, ask them to apply through Zillow so that you can see their background check, that also gives you the opportunity to have others who might be interested in being your roommate as well, apply.

Verify credit, employment, etc for you. 6) I would definitely want noise (quiet hours), guests, and treatment of common areas covered. 7) We've used Rent Manager as it focuses more on the financials which I think is super important.

It was bought in 2004 and due to financial issues, I believe ~$197k is still owed on the mortgage.

Typically its done for open space or use for community property (ie. fire station location or other county use) and typicaly would assist in increasing tax base.  

Ditch the red rug, increase art and add dresser, bedside tables to bedrooms.

However, sometimes investing is more than just the financial return.  

Some say it increases bookings, while others mention concerns about damage and additional cleaning costs.