So before you think about renting by the room, consider the questions above, and even more questions that can come up.  

It just focuses on those people that missed out buying a home, even if it was for a minor amount, like the first couple in the article that got beat out by less than $10,000.  

“Trust the experts.”Why didn’t the inspector say the house wasn’t up to code, even more so than the deck.

Just one question, I would be able to do a cash out refi even if I don't put any work into the home if I decide to buy and hold?

The ability to turn single-family lots into duplexes or even split lots for separate units can significantly boost rental income and property value.

I am sure no pics is hurting you at this point, some will not even look at units without pics.

Zandi said the added cost would be even greater for Americans with lower incomes or credit scores."

I have received recent quotes for LESTER building around 125k for a 40x80 so I'm doubling that , concrete not included.I feel like i can't loose with this strategy even charging $2 a square triple net for these units ?

I have not asked for a raise on mine I get pretty big ones out of the gate LOL.As for Fico when i had a bunch of mortgages that reported to the fico I had a hell of a time getting even above 700. 

The rooms are unfurnished and the tenants are very low-maintenance (hardly know they are there). 2+Unit Buildings here and nearby currently sell for $1.5M on average.I bought the property 16 years ago, so my mortgage rate is very low (2.2%) Even though the property is cashflow positive, my bigger play is the average 5% yearly appreciation.I'm looking for others who are interested in house-hacking in this neighborhood.