I have been exploring rent by room lately and happy to exchange the knowledge.I will start with some gotchas:Lease: Two ways this can be done 1) Master lease and put each tenant on the lease, that puts peer pressure on everyone to pay the rent, keep the property clean etc. 2) Lease separately for each room, flexible renting and everyone isn't bound to others' wrong doing, tenants might prefer this.Utilities: Three ways I have seen people managing utilities 1) Include average utility cost in rent and take care of all utilities yourself and have a cap at max utility after which tenants chime in 2) Utilities are paid by tenants but that could cause issues when renting by room and one person is overutilizing electricity etc. 3) Fixed cost of utility charged to tenant monthly and anything beyond that is paid by landlordProspective tenants for rent by room: 1) Students attending nearby colleges, put all of them on one lease and have them find roommates, put their parents cosign the leases, 2) Traveling nurses, they're catch all when comes to rent by room but usually short term, 3) Rent out by room to any individual professional, this creates more management overhead but keeps vacancy lowCommon Areas: Try to setup such that common areas are avoided by tenants as much as possible.

I asked my initial question because I actually was having a bit of a hard time analyzing properties - the numbers didn't seem to make sense - but I also think I need some more practice analyzing deals, because I could be doing certain things wrong. Do

If you are the one in the wrong, doing so will blow up in your face).But would I personally file complaints?

I had no negative thoughts about HW until the owner chimed in with an over reaction.Why did Holton Wise immediately jump into a mud fight implying some legal wrong doing?

He texted me out of the blue, as others had in the past, but this one investor did follow through on sending a written cash offer by email for a reasonable price.I am leaning towards accepting the offer but wanted to get some advice on whether there is anything I should be concerned about in terms of any potential fraud or wrong doing from the buyer as I have never met them and I would not be working with a seller agent (or buyer).

If something goes wrong do you have to sell?

Also, something I like to tell people, if you feel that the claim was unjustly denied/investigated you can reach out to your states Department of Insurance (DOI) & they can investigate for any potential wrong doing. 

All they care about is my name is on the account thanks to his wrongdoing.

(I also feel like it could be difficult to find a lender who wants to work with us on that, maybe I'm wrong?)Does

If the BRRR goes terribly wrong does he work for free?