NJ investors with rent by the room experience?

[Michele Granata]

I'm considering renting out a 2 bedroom/ 1 bath unit as rent by the room. However I don't have any experience with RBTR and would appreciate some insight from a local investor who does. 

Hoping to discuss things like the major differences in the terms of lease for this style renting, how to manage common spaces, how best to avoid tenant conflict, etc. 

Then I can make a more educated decision. 

Please reach out if you could spare some time to shed light. Thank you!