We do have a house we rent in the area and simply love it.

It is simply far too tenant friendly. 

To prove payments you could simply show your latest statement to the lender denying you hundreds of thousands of dollars.

The plumbing industry has so many different type of materials and codes that most customers simply don't know what to buy and get frustrated after so many trip trying, because they keep buying the wrong thing.

It might be easiest to simply not renew the lease if its a 1 year lease.  

Or if you want to ignore me and not have a conversation just simply run away as fast as you can from that guy.

The headache of playing peacemaker between 3-5 unrelated tenants doesn't sound worth the premium management fee; not to mention rent by room generally brings in lower quality tenants which require significant more management.With that said, higher rates are pushing investors toward rent by room simply because it's the only option for cash flow (at least in Denver) which is why I have so many folks reaching out.If you currently have rent by room investments or perhaps you're a PM currently offering rent by room, I'd love to hear your feedback and any advice you may have. 

To me knowing Detroit area like I do these days I would simply pass on any neighborhood that has bars and caged condenser units and this kind of theft I dont think there is much long term upside and just a ton of risk..

I simply asked but how many qualify for a house around the median price point(this was for Raleigh, NC), he responded oh maybe 10-15% of the new applicants.

If you’re looking for a single-family home under $200,000 and you don’t care what city or county it’s in and you simply wanted to meet the 1% percent rule, you might be able to find that.