Hi all - new to the Bigger Pockets forums, so apologies if this has already been asked before, but wondering if anyone here has experience renting out. a private room in their primary residence?

It seems that when listening to Bigger Pockets podcasts, I hear the same logic, both from the hosts and the guests (mostly), that as a midsize (5-20) multi unit investor, Cash flow plays a secondary role to appreciation.  

Compare the two options and see which one works best for you.   

In that example you would only be netted 3% more (after giving 2% of the 5% to the lender in upfront costs) and upping the entire loan's cost for a measly 3% in your pocket. 

While we're uncertain if we'll find another female tenant for the same timeframe, we're considering our options for the best course of action.Should we rent the master bedroom to her in hopes of securing another female tenant for the same period?

It is because they did not really stop to evaluate your specific situation and gave you a generic answer.You placed it in service in 2023, so your only option for now is to amend 2023.

If the properties you're buying are going to be investment properties, DSCR loans can be a good option if you don't or can't do an income based loan. 

That way you only have to come out of pocket 3.5% to 5% depending on if you use FHA or Fannie Mae.If you decide to buy an investment you will need 15% down and buying out of state is an option but there are other great counties in Florida.

It's a book published by Bigger Pockets, written for young aspiring investors like you.

What are my options here?