Co-living is seen as a non-financial tool to encourage deeply affordable units, serving as transitional housing along the housing continuum.A study by Gensler and The Pew Charitable Trusts highlighted that adaptive-reuse co-living spaces could offer more affordable housing solutions compared to traditional studio apartments.

Anyone who viewed listing would assume the units were studios or 1 Beds based on building SF.

For example in Reno, NV there are many homes with walkout basement areas that can be made into separate studio apartments that will get more rent than just the room in the house.

IE - only comp studios to studios / 1BR’s to 1BR’s / 2’s to 2’s / etc.

I live in an apartment with 4 rental units and a studio.

Purchase price: $350,000 Cash invested: $10,000 House hacking my first home by converting the master bed into an independent studio that we rent on Airbnb What made you interested in investing in this type of deal?

The plan was to house hack the house by setting up the third bedroom as a studio apartment with its own bathroom and walk-in closet.

The plan was to house hack the house by setting up the third bedroom as a studio apartment with its own bathroom and walk-in closet.

I'm finishing renovations on a studio apartment (under another unit in a multi-family) in the next few days and am trying to decide on what strategy to use to rent it.

Good question - I've been house hacking on this property so your question made me do some math.Currently I rent a one bedroom studio for $1,100 which covers the $899 mortgage but not other expenses.