Hi everyone,Just curious on what people's thoughts are on renting our individual rooms vs. full units. 

Each individual signed a separate copy of one-year lease that goes month-to-month in mid-September, 2018.

I'm excited to join a community of like minded individuals, and am eager to learn, meet people, and start investing!

Even here, they sometimes demand a minimum bid, but sell some or most to the lowest bidder.

I need a place to meet awesome hardworking individuals with the same goals/mindset as myself.

I imagine it's based on your individual tolerances/the specifics of the deal, but is there a rather standard purchase cap rate "rule," a la 70% ARV, etc?

It might have areas that will continue to do well and others that will go down in its popularity so I would tend to look in areas close to home and that area in high demand, has a diverse economy, population rise, and job growth, and talking to experienced Agents and get their opinions if I was looking at it long term. 

While the demand is high in that demographic, competition from other project in development is also high.

**fine print - Individual results will vary by the individual tenants credit profile, zip code and claims history....Here is an Ohio example of someone I quoted last week - $15k in property, $100k liability, $1k deductible premium was $187 year / $16 month.Increasing Property to $30k and Liability to $1 Mill the total premium is $275 year / $23 month.

When y'all are financing shop around for your best deal and do not forget to ask an individual if they will provide you with the financing.If y'all think that I can provide y'all with anything, please contact me through this site.