Magnolia has an incredible restaurant in another part of Waco, they bought a historic hotel that they are currently renovating, they bought an actual castle in the heart of the city that they are currently renovating, they own one of the largest real estate brokerage firms in the city that continues to serve the real estate market, and they themselves own several Magnolia short term rental properties that tourists can rent nightly to have the full Magnolia experience.

It's not quite the same as bare land vs hotel.

I'm thinking about renting the basement room and share the kitchen. my question here is what are some requirements or tips when renting a room 

Quote from @Chris Williams: For the people who use buyer's agents to find their cash buyers to dispo wholesale deals are there any tips that you would provide for me? 

@Melinda BarrettWelcome to the community and be ready for a huge amount of information at your finger tips.

Everyone's tips have been so helpful thus far.

They can live in the unit, stay at a friends or family members, or rent a hotel themselves.

It was a gang not staying at any hotels they were on the beach looking to rob people for drug money.

Thanks for the tip!

Welcome to the community and be ready for a huge amount of information at your finger tips.