What to look for in a good rent-by-the-room propertyThis matters a lot:• At least 3–4 legal bedrooms• Two or more bathrooms• A layout where bedrooms don’t share thin walls• Plenty of parking• A common area large enough for multiple people• A location near hospitals, colleges, or job centers• A basement or attic that can be finished legallyAnd most important:A floor plan where rooms feel private.Privacy is what keeps tenants staying longer.My honest adviceAt your age, with energy and time on your side, this strategy can fast-track you if you treat it like a business.But don’t do it blindly.Tour existing co-living houses in your area.Study your local ordinance.Model the extra expenses and the extra time.Room-by-room renting works, but it works because the operator is organized, not because the property magically prints money.

I would clean it and get everything staged, if you are staging and do all other items to get it on the market.

Yes, and you can do it safely at your stage.

Longer mortgage terms mean slower equity accumulation, higher borrowing costs, and potential conflicts with legislation stemming from the 2008 financial crisis, setting the stage for a major debate if this idea comes to fruition.

All of that can point you toward different pockets inside those metros.Also curious — have you toured any of these areas yet, or are you still in the “gathering info and getting your bearings” stage?

There's generally no MLS so you'd only get access to the inventory your agent has access to if you hire one.A good lawyer will help you with offer and purchase process but you can always hire an agent at that later stage if you need help.Finally, there are very good realtors in Mexico but there's nobody I wouldn't risk recommending to you given that all the properties I've purchased have been off-market through my own search or with the help of a relationship on the ground.

Life situations and stage of lifeI’ll narrow the discussion down to investors with 10 housing units or less or say 5 commercial non housing properties.  

I currently own property and am actively looking for opportunities to expand into both short-term and long-term rentals, with an emphasis on properties that can cash flow today and appreciate over time.My strategy is centered on:Leveraging equity and creative financing to scale acquisitionsTargeting value-add and high-equity opportunities in growing Florida marketsBuilding relationships with local agents, wholesalers, contractors, and fellow investorsI’m here to learn from the community, share insights along the way, and hopefully connect with others doing similar deals.

Increasing your rent is horrible advice to begin with; and sweeping the parking lot, virtual staging and hiding the laundry area will certainly not close the obvious value gap!!

I can definitely relate to that stage of life.