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Updated about 4 years ago on . Most recent reply

User Stats

52
Posts
17
Votes
JonPaul Kessinger
  • Property Manager
  • Bridgeport WV
17
Votes |
52
Posts

Rent by the Room Advice

JonPaul Kessinger
  • Property Manager
  • Bridgeport WV
Posted

I am looking at buying a small single-family home witing walking distance of a college campus. I am looking at the route of renting it out by the room. Does anyone have any advice on how to go about that? I know I need locks on every bedroom door, plan on having a maid come in once a month to clean the common area. I assume I also have to pay utilities. How would I structure the Lease and what rule should I have in place? Can I make it male or female only? Please give me any tips or pointers!

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