Renting by the Room in Arizona

Renting by the Room in Arizona

Investor · Tucson, AZ · Member since 2019 · 20 posts · 3 votes

I am currently looking to begin my investment journey here in the amazing state of Arizona! Specifically I would like to invest in the Tucson or Sierra Vista markets with a single family home aimed towards renting by the room. SO here are my questions:

How would I go about learning more about the laws concerning renting in these areas?

How would you all go about ascertaining whether or not tenants would consider renting by room?

Any recommendations on must have rehabs / renovations to make prior to putting the rooms on the market?

Thanks in advance everyone!

Steve Daniels

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Member since 2019 · 47 posts · 21 votes
6y

@Stephen Daniels I would recommend calling a REI attorney most will have a some fee for the appointment but a good one is worth their weight in gold.

Listen to the most recent bigger pockets podcast. The investor they interviewed foucs on renting by room in Seattle. There's so many gold nuggets in there

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  • New to Real Estate · Central Texas · Member since 2020 · 19 posts · 1 vote
    6y

    Thanks for all the support and feedback.  

  • New to Real Estate · Central Texas · Member since 2020 · 19 posts · 1 vote
    6y

    Thank you Stephen. I'm currently looking at FSBO properties. Working on my script before calling one.

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