Renting out rooms individually, Pros and Cons...

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Some thoughts that come to mind:

1. Who is responsible for common areas inside and outside the house?

2. How do you determine responsibility for damages in common areas?

3. How do you handle disputes over common area use, stealing food from each other, taking out trash, someone that monopolizes the space, etc.?

4. Every tenant needs security for their private room

You may get additional rent but you can also have additional work (dealing with more frequent turnover, common area cleaning/maintenance). Is it worth it?