How to rent a big SFH by bedroom ( 3-4 tenants in one house)
Hi everyone,
I have SFHs, each rented out the conventional way.
Now I own a big house- ~4000 sqft, 4 bedrooms, 2.5 bathrooms, big back yard, 3 space car garage.
I want to rent it out by bedrooms:
The Master bedroom with a walk-in closet and a private bathroom, and another 2 bedrooms. They will have to share a bathroom. For now, I think 3 tenants is enough. I'll pay for utilities, internet and lawn care.
My friend/agent will manage it.
Please help me out with these:
1 - What should I be careful of when doing something like this?
2 - How much should I budget per month for utilities for 3-4 people in a 4000 sqft house?
(btw, it's a gas furnace and winter in Indy is cold!)
3 - Where should I post, in order to find tenants? Is there maybe a designated site for roommates..
4 - What must I add to the lease agreement, in case of multiple tenants?
5 - How can I make sure, that the tenants will not abuse the fact that their electric, water & gas are being paid for?
Can I add something to the lease agreement saying that if the bill is over some amount then... (what can I do?)
6 - Please point out anything, you think will be helpful.
Thank you so much!!