.🚀 Making It Work1️⃣ Optimize Your Space – Converting a living room or office into an extra bedroom can supercharge returns.2️⃣ Target the Right Tenants – Young professionals, digital nomads, and students love co-living setups.3️⃣ Automate the Management – Using systems for roommate screening, lease agreements, and shared expenses makes it passive.Co-living is gaining serious traction in house hacking circles, and I’d love to hear from others who are using this model.

Quote from @Collin Hays: I'm not big on automating guest communication.

Quote from @Zhenyang Jin: I am a software engineer working in Bay Area.

With high SMS deliverability, automation, and easy CRM integration, it saves time and increases conversions.

So simple.Email & Marketing: How are you handling outreach, automation, and social media?

Ah yes, I own property in Tulsa but actually also have a real estate automation company with nationwide coverage - I started adding markets to the list to illustrate the range of areas we cover but should definitely add Tulsa to the list as well!

Before moving out, test different strategies, automate management (smart locks, cameras, cleaning services), and decide whether to self-manage or hire a property manager.

A good property management company will utilize market focused tools and systems to market the property while using automated systems to manage the property in a seamless manner.

You can create boards for each property and track updates, tasks, and improvements visually.Property Management Software: Some users also leverage software like Appfolio or Buildium for more comprehensive tracking, though these can come at a cost.It really depends on your preference for simplicity versus more structured systems.

As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!