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.

My husband and I caught the same bug early on ;) For getting organized early on, you don’t need to overcomplicate it.

I've found it very easy to use and helping with keeping everything organized. 

Check with your local Metropolitan Planning Organization (MPO) to see if there are any upcoming developments such as highways, rail lines, or zoning changes that could affect your site.These are the questions I run through my head every time I look at a new opportunity.

Hey There @Ryan Kuss - I am pretty certain the stipulations for homestyle and 203k will be the same but have your lender look into homestyle as well.We do a decent amount of renovation loans here in Chicago, and finding the right GC is crucial for a successful project.  

Not Paperstac or Noteschool but organizations such as AAPL, NPLA, CMA, Fortra, and Geraci.

Would really like to see if there's any organized movement on the LP side to hold them more accountable and maximize funds recovery.Would love to network to discuss more for those in the Houston area 

Choose any other organization!

The local laws are CRUCIAL to understand.

It’s crucial to work smarter and harder for maximum return.