Here is a recent post of mine that addresses your questions:Cost Segregation - The Basics (biggerpockets.com)You don’t need to complete it before the end of the year to use it for your 2024 taxes.

My only concern with renting it out room by room in Philadelphia is my safety as my roommates could be psychopaths.

Listen actively to their needs and concerns.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Once you know what specifically is stopping you, you can address it directly—whether that means learning more, asking specific questions, or just taking a smaller step forward.Sometimes the biggest hurdle is just narrowing down that fear and facing it head-on.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

While I haven't personally experienced any negative impacts from this fraudulent listing, I'm concerned that it could mislead potential renters and cause them financial distress.

And I really appreciate @Chris Clothier giving you a call and talking over your concerns.

I wouldn’t be too concerned with this.