I’m looking for people to network with that utilize a rent-by-the-room strategy. Does anyone have a lease they use for this scenario? Do you put all tenants on one lease, or have individual leases for each occupant?
As a follow up, my lender was unsure if (for example) he could use three different bedroom leases as income on a single family property to qualify toward my next loan. He thought perhaps only one or two. Has anyone run into this scenario? If so, how have you overcome it?