In order to create rental revenue that can cover living expenses and provide positive cash flow, it entails buying a single-family home and renting out the individual rooms.

The Seller giving you a credit towards closing costs to offset the expenses.

Watch your expenses.

The basic rule for the amount of cash to have at hand is 3 months of ALL expenses as if the rental was unoccupied and you had to pay all the utilities on top of the full Primary mortgage, Interest, Taxes, and Insurance (PITI).As well, it's pays to have a bit more because life happens.Good Luck!

It's 100% worth the expense and one that investors need to be saving for.B.

The guests are horrible, the expenses are very high, and the ROI is awful.

The income from rental investments is the rent minus allowable expenses.  

I’m looking for a duplex at the moment but everything is so expensive in the Northern NJ part.

Currently assuming an expense ratio of 40%. 

His claimed expenses are only ~$20k.