We'd also like our privacy so getting a SFH and then renting out the spare bedrooms does not appeal so much either.

I realize there are other ways to get asset protection but an umbrella coverage has some advantages including the insurance has a big stake in any legal action, you are protected to the level of the insurance so no worries, and there is no need to try to maintain separation of funds.LLC will cost $800/annually tax, can be pierced if there in not good separation of assets, likely will not spare you from being named individually in any law suit, and there in no other significant stake holder to assist in the legal battle.Good luck

I'm about to buy a 3BDR house in NJ and thinking about renting out the two spare rooms on airbnb.

If any of you have a spare second I would love some help on this deal.

Since tenants do not pay for the water, they don't care about using it sparingly. 

It would be awesome if some investors in Florida and Connecticut could spare some time to tell me a bit about their business.

I’m 25 years old and bought my first house with my boyfriend with the intent of house hacking my spare bedrooms.

I’m 25 years old and bought my first house with my boyfriend with the intent of house hacking my spare bedrooms.

Hey Everyone,So I had been saving up for the last year and a half to save up 20% of a mortgage to hopefully find a single family home in which I was going to rent out spare rooms. 

I could go on and on about the pros and cons but I will spare you from that right now.