Rent By The Room Cleveland Heights

[Thomasina Pearce]

Hello BP Fam! Anyone here have experience with Rent by the Room in CLEVELAND HEIGHTS? I am purchasing a Duplex 5bd/2bth each side, and planned to house hack one side and rent out the rooms. 

1. I'm struggling to find ordinances surrounding the requirements and regulations with this strategy in Cleveland heights. ANY INSIGHT?

2. Any property managers in Cleveland that would take on properties renting by the room?

3. Would generally love to connect with anyone who has experience in the rent by the room model as this is my first time using this strategy.

Thanks in advance :)

[Ryan Arth]

I listened to a podcast about a guy who was doing this with sober living houses. He had his systems and house rules dialed in and was getting impressive yields, but this is a bit more of a hospitality play than LTR (same as STR is).

https://www.millionairemindcast.com/how-sober-living-houses-...