Not impressive, but I had 2 BR, a private bathroom (roommate used the common bathroom), the yard, and the garage so it seemed fair but in reality I likely was not charging enough to cover maintenance/cap ex, etc.  

I have a tenant in and am self managing it but trying to get roommates in to maximize cash flow.  

I used my VA loan and lived in a house with roommates to cover bills, the mortgage, and I even got some cashflow while living there.

My consensus was...PROS: Higher gross rent potential compared to renting out the entire house to 1 person/familyCONS: Higher turnover, establishing and enforcing house rules, managing drama between roommates, more people to chase down for rent collection

What kind of roommates do you have?  

Truthfully, If it was just me living in the house I would be able to "survive" paying it off my myself, but I think I would really be gambling it lol, but once I get roommates it should be fine.

They seemed cautious (typical) told them it would not happen unless the deal was prime. ( I would be giving them a share in the profit) Wouldn't want to risk my credit and my cash reserve i have going for me at the moment, But i figured two roommates would be really reliable for Holding costs.

I have little to no car credit, I live for "free" with my gf and roommates but I know longer want to be a free loader and own my own property.

The house is now owned by the estate and my friend is wanting to list and sell the house come April 1, 2015 and wants the boyfriend (room-mate) out of the house by March 31, 2015.

How are you handling non-family roommates that are not on the lease or more than 3 non-related roommates?