The need for quality residential and commercial space has become astonishing, making the right investment in Toledo is sometimes not easy with so many different projects to choose from.

For a 12-foot wide house, you are probably looking at less than 1000 square feet above grade and it will be tough to get 3 decent-sized bedrooms in that space.

Key criteria for a successful SFH househack:Suitable zoning criteria, i.e. room rental laws (county by county)Within 1 mile of hospital, major company HQ, public university, and private university (to attract 20-somethings)At least half as many bathrooms as bedrooms (i.e. a 4 bed / 2.5 bath could work, but 4 / 1.5 could get sticky)Plenty of driveway space / street parking (1 per roommate)Plenty of kitchen space (since the kitchen is the most occupied room other than individual rooms)Basement or side entrance entry point (i.e. if you wanted to turn the basement into your living space, you could enter from a side entrance)Un-involved neighborhood community (cul-de-sacs can be the worst spots)Turn-key quality (i.e. you won't need to fix much of anything when you move in)This list is by no means exhaustive, but things to think about when you work with an agent on a SFH househack.

I've worked with and hosted many of the popular meet up groups throughout Orange County specifically, as I use to run a coworking space in Irvine and would open our space up as a venue for different events.

Hopefully it doesn't come up, but if it does, you want to have a reliable and experienced professional in your corner.Most importantly, be ready to understand that while this is a business for you, for your tenants it is their home - their shelter and most personal space.

If for some reason you had an immediate need to move, like your family got bigger and you needed more space, I believe you could bug out sooner, but 1 year is supposed to be the minimum.

From what I understand, Chicago Zoning Laws permits the use of the space for group living but may require a special permit.

Personally I would avoid giving an excuse though and letting them know the space they are renting and leave it at that.  

I really want to rent one side and use the other four studio/ office space (for myself).

They are both shop space.