I have been exploring rent by room lately and happy to exchange the knowledge.I will start with some gotchas:Lease: Two ways this can be done 1) Master lease and put each tenant on the lease, that puts peer pressure on everyone to pay the rent, keep the property clean etc. 2) Lease separately for each room, flexible renting and everyone isn't bound to others' wrong doing, tenants might prefer this.Utilities: Three ways I have seen people managing utilities 1) Include average utility cost in rent and take care of all utilities yourself and have a cap at max utility after which tenants chime in 2) Utilities are paid by tenants but that could cause issues when renting by room and one person is overutilizing electricity etc. 3) Fixed cost of utility charged to tenant monthly and anything beyond that is paid by landlordProspective tenants for rent by room: 1) Students attending nearby colleges, put all of them on one lease and have them find roommates, put their parents cosign the leases, 2) Traveling nurses, they're catch all when comes to rent by room but usually short term, 3) Rent out by room to any individual professional, this creates more management overhead but keeps vacancy lowCommon Areas: Try to setup such that common areas are avoided by tenants as much as possible.

This puts more demand/pressure on the affordable housing space which already has massive demand and a supply shortage. less competition!  

You will already be struggling to keep everything together your first couple deals, do you want to have the pressure of the bank, the market, struggles with the renovation, and then another person breathing down your neck to return their money?

My issue with this method is that if a property is dynamically priced, its extremely misleading to just look at their average daily rate (because of seasonality, and a multitude of other factors that these tools take into account).Looking at comparable properties' occupancy however is easy and a great way to gauge demand but without a solid known base price comparison, the occupancy doesn't mean much.

In AirBNB’s defense, I also get the same drop in blood pressure when someone on my team tells me that a direct booking guest, Mr.

Many times lawyers will name every single person they can find a name for in a lawsuit, with the hope that someone will settle, which starts to create pressure for the other defendants. 

Red raises blood pressure & is identified with danger.

Take pressure off your spouse, lenders and contractors if you were in the middle of a development.  

Appreciation is going to have even more pressure on it as Koa Ridge and Ho'opili build out their new phases and start selling.  

Every month another $3k issue came up with contractors gauging knowing I was from out of state.