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.

In addition to that my professional organizations (National Association of Residential Property Managers, Maryland Realtors, and Harford County Board of Realtors) are great resources of information for me on this subject as they try very hard to protect their members.If you are not a licensee or member of a professional organization I would suggest trying your state's Department of Housing/Community Development (or whatever its called in your state).

Would love to hear thoughts and any tips from those who are more knowledgeable on this.

Can you give me any tips for like the underwriting process and making sure that I do buy a good property? 

Appreciate any feedback / tips!

Food is good there and again the commute can be very easy.Do I see Newark imploding?  

Not to mention they all have memories of how 2008, the ACA, and other major economic events have disrupted their early lives.So what happens when the demand is organically low?

In my opinion, staying highly organized and building systems/processes is the most viable part of dropshipping.

If not Owen, I can help you organize a meet up! 

Everyone talks about the excitement of the refinance — pulling cash out, locking in new terms, and getting ready to repeat the process.But here’s what I’ve seen a lot of investors forget:What happens after the refi matters just as much as before it.Once you refinance, your numbers change — your basis, your loan interest, and your depreciation schedule.Most people never revisit their books or update their records after closing, and it slowly creates a mess.You’d be surprised how often investors forget to:Recalculate depreciation based on new cost basisAdjust their loan amortization and interest deductionsTrack how much cash was actually pulled out vs. reinvestedThose little details might not seem important now, but they can cause major confusion (and extra taxes) down the line — especially when you go to sell or refinance again.The BRRRR method works beautifully if your backend systems stay clean.So when the refi funds hit, take a breather, update your records, and make sure your financials tell the full story.That’s how you stay scalable, organized, and audit-proof.Curious — how do you stay on top of your numbers after the refinance?