It is a matter of getting out of your comfort zone a little bit but not so much that you will burn out or lose sleep.

Do you have a lease I could look at, if you feel comfortable sharing. 

I’ve been around real estate for decades, and I read in The Economist once that in lively markets like Charlotte, folks will pay a premium for a comfortable room if you’re near major employers.A friend of mine tried something similar out in Austin a while back.. he’d inherited a 4-bedroom property and split it into individual room rentals.

Of course, there's no perfect right or wrong answer, it will be different for all but make sure you do what is comfortable for you and what fits your goals. 

If he doesn't need the cash now, you could also negotiate a split you're comfortable with to get him the return you and he feel he should have at the point you refi when the balloon payment comes due. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Understanding the audience for each area helps us maximize the appeal—and the value—of every home we flip.2.

I was not comfortable with the market and interest rate conditions, so I elected to hold off.

You have to make sure that whatever company you choose will maximize your profits. 

With the right renovations, we saw it as an ideal project to maximize returns in a growing market, especially with our experienced partner, Seth Choate, by our side.