Cash flow (the real numbers)Most rent-by-room investors I know (myself included) see 2–3x the cash flow of renting the house as a single unit when the property is set up correctly.Example:$1,800/month as a standard rental$3,000–$3,600/month renting by room (4–5 rooms)But it only works if:Bedrooms are good sizeCommon areas are functionalLayout supports privacyYou’re 21 with time to manage it, that’s an advantage.

Insurance is always a great first line of defense with an umbrella policy being a great way to protect in case anything unfortunate were to happen.

There are many things Hospitable can do that some of the other PMS platforms surprisingly can’t, including features I assumed would be standard across the board.Long story short, we’re back on Hospitable and very happy with the decision.

General bookkeeping categories and a standard chart of accounts simply do not meet the needs of real estate investments.

Due on Sale, Insurance issues, heirs to worry about would be risks specific to Sub2, not seller financing.

I’m based in Coastal South Florida where cap rates and insurance costs have gotten tough — plus hurricane risk doesn’t help.

also keep in mind cheap insurance if there is an issue can be tough getting claims processed timely and for what U think your owed

Over the phone, I’d ask about their past projects, timelines, ability to work within a budget, whether they have insurance and licenses, and if they can provide references or photos of completed work.

Before converting, I’d confirm CMHA’s current payment standards and inspection criteria—they can vary slightly by neighborhood.

It's much much much more active than standard rentals.