So I always expect one roommate to not work out and leave the remaining roommates - so I exclude the income of the highest candidate and see if there is enough to qualify with what remains.

He really likes the area, and says it's perfect for renting to a group of roommates.

I held one tenant and that parent responsible and NEVER had a problem in over 12 years.What happens with keeping one on the lease is that they get roommates (with my approval and lecture) and when that tenant leaves the others in there step up to lease it, so there is a flow of tenants going through.

June 2010 - March 2011 I received a total of 3 months rent.April 2011 - May 2012 I received 0.June 2012 - present I am collecting rent.The 3 months worth of rent at the beginning were paid in cash by a roommate.

My roommates are lazy, and I live here.

I have a tenant/roommate setting.

I have been renting to three roommates for three years; their rent paying all payments and expenses.

Hey there, a little background: I purchased my first investment property at the end of December, which is an owner(me)-occupied triplex located in DeKalb county in Georgia, USA.Everything is going well, I've moved in to the unit, I have a roommate, and I've rented out the other unit to a great tenant, However, here is the snag: I inherited an existing tenant who had been in the property for almost 9 months and is historically chronically late on paying rent, but he has always paid it.His story: He apparently used to have a stable job when he first got the lease, but now he does freelance general contracting/handyman work.

Also, DO NOT underestimate what a spiteful roommate is willing to do to your property, food, mail, etc while you are out of the house.It might even be worth pro-rating her rent for the remaining days in January, so you can get the room cleaned up, and put on CL or however you advertise.

Since you're a young guy, you may not mind a bunch of roommates to make this a cash cow!