Everyone has their own room and a bathroom and they share common space such as living room, dining room and a kitchen and they are one the same lease.

Need I be concerned with UBTI?

The insurance company will send you copy of the tenant declaration page proving coverage, and they will notify you if the tenant ever cancels the policy or allows it to lapse.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

Looking forward to learning, sharing, and connecting with this community!

I’m active in the market and happy to share insights on neighborhoods, financing options, or connect you with resources.

My house is walking distance from UNCG, and a furnished room with a shared bathroom can command around $800 to $900.

She is a real estate agent but rents so no property to place a lien on.Sorry to hear this but its good that you share this as people only see $ signs when the think seller financing.

Can you please share the link for your STR listing? 

I will post some progress as I get into the renovation after I close and share more numbers of my cost. 

I have access to a $500,000 HELOC but live in Fort Lauderdale, where property prices are high, and cash flow opportunities seem tough to find.I’m considering different strategies like:BRRRR or flips (but concerned about high acquisition costs)Out-of-state investing (but hesitant about managing from afar)House hacking (but not sure if it makes sense given my situation)For those who’ve started in high-cost markets, what strategies worked for you?