Instantly worth $20-50k more.

A lot are new transplants to the city, like yourself, and may be interested in the instant community a by the room rental provides. 

You got most of your cash out, have instant equity, great RTV and a property that will likely appreciate quite nicely.

If the person theyre piggybacking on has 10 years of perfect payment historythen the next time that account reports for the main user it will also apply the ten years of perfect history to the losers CPN instantly creating the illusion of a 10 year credit profile.P.S I know people love putting in their two cents on this or trying to argue this as if they know anything about this field outside of a couple articles they read on their laptop at home but I assure you this is 100% accurate, I've been active for 15 years in this field and am still active today.

Everywhere I read about it the consensus seems to be it's an instant no-deal.

One thing to note is that if you can get a cash flowing rental with instant equity at say 80-90k for this one  it doesnt make much sense to not take it.

Have a employment income that supports your investing or have tons of cash to allow instant income from rents.

Free, instant sync with the bank account(s) you choose.

Peoples have different degrees of risk tolerance so there is no best way to go about doing things, just find a sweet spot as far as risk/reward that works well for you and your investing goals.Some people choose to sell their properties after awhile to buy new properties (hopefully at below market value) and thus earn instant equity by buying correctly, and it also resets their leverage back to a higher amount thus amplifying their gains. 

Lots of great info on the site…and the forums/ability to get near-instant feedback from experienced (and generous with their time) investors is fantastic.