Rent by the room Indiana
Hello BP!
I am interested in buying a 185k 2019 new house in a B+ area, it has 4 beds 2.5 bath, I am considering renting it by the room for 600+ per room. As this area has lots of new grads got decent jobs with 60k+ income, or interns 3-12 month with 3000k+ income, what are some of the logistics that I need to consider when renting it by the room?
1. Who holds the utilities and internet account?
2. Who takes care of lawn care?
3. How to not get involved when the tenants have conflicts?
4. any other cautions? Should I get an attorney to draft the lease?
Thank you!!