I'm also considering a separate living room space or maybe some kind of artist studio. 

Its the less aggressive model but it was programed into me from a young age, keep your business risk separate from the things that you need to live (home, car, food, etc.). 

There is nothing that replaces a live conversation with someone who has already built that trust with the sponsor over time.

And, on top, thanks for teaching us how to live and party!

Purchase price: $340,000 Cash invested: $20,000 I bought a 5-bedroom, 2.5-bath home in a great neighborhood where my wife and I wanted to live and start a family.

I specialize in STR and co-living and both these strategies work best closer to the downtown and college areas.

Here are the terms:12-month term17% Interest (Annual)Quarterly interest paymentsSecured by equity (not real estate-based)$250k minimum investmentFirst-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindHere is their marketing email about the original fund I am still receiving:In today’s volatile market, I want to discuss inflation and some ways you can beat inflation to help you grow your wealth and boost your passive income with a focus on our investment fund, Norada Capital Management.I'm hosting a live webinar this Thursday, April 11th at 11 am PST (2 pm EST).In this live webinar we will discuss:How does Norada Capital mitigate risk in this environment?

That should catch most of these issues.Some, you'll never know about until someone actually lives in the property. 

And answering your phone calls while watching the games does not turn your living room into a home office.

So, people do what those wanting to live in Manhattan or San Francisco have been doing for 60 years, splitting rent on the “pad”.