Putting five unrelated occupants in one home means five cars parked outside, five different group friends visiting the home, increased likelihood of noise or parties, and other problems.Personally, I have pretty strict requirements when three or more unrelated people are renting together because of the potential problems.

I would recommend getting a great property manager, local investor friendly agent and get a home inspection!

Hey @David Cherkowsky my wife and I house-hacked just outside Alexandria (in the Fairfax County side) and now are in City of Alexandria in the West End.We went the walkout basement route but have friends who did rent by the room (they're past clients of @Russell Brazil). 

I did come across a friend who has had a rental for ten years with the same family in it that they “inherited” when they bought it so I will look into some possibilities in my area.  

Chaz Carrillo is an investor friendly Insurance Broker in the Lansing area. 517-230-9214

Currently, asking some of my close friends to help sign a lease agreement with me.

Hello friends,I found a seller financed listing where the seller is asking for a significant premium on multiple homes, but they are open to low interest rates and 40 year terms.

The market is showing SOME promising deal but I would appreciate a mentor or friend who wouldn’t mind teaching me how to spot a deal in the numbers.

There are a lot more grey areas with commercial - again when in doubt make friends with a local attorney :)

I would suggest finding an investor friendly contractor who understands the difference of the scope between a flip and a rental and preferably is an investor themselves.