Also, if you have an incredible tenant you can't serve at the moment, but you have some lead time to find an arbitrage deal to accomodate them rather than lose them, it might be a good option.In general, I don't look to scale the arbitrage side of our business for its own sake (in our personal names or in an LLC is irrelevant), but I will use it to further expand what we own in real estate.Best wishes.

Purchase price: $375,000 Cash invested: $15,000 Current Accomodation

We have had much greater success renting a whole unit out that renting our individual rooms, though it has been nice to have some flexibilty to accomodate travelers who are coming as singlets and doublets.

If you aren't cashflowing with a mortgage, then you aren't charging enough rent and if your market won't accomodate a rent high enough to cover saving for those expenses, then it might be a bad investment.

If you think about accomodations as a sliding scale from a tarp under the overpass on the bottom and the Biltmore Estate on the upper end, to make any money you are always trying to find the sweet spot where demand + income potential > cost to acquire, operate and maintain.

I would explain to them how you have been more than understanding and accomodating about the rent affordability issues...

As part of my strategy, I would like to build an master bath/bed extension, with its own entrance, to the three bedroom, two bath home mentioned in a different post.A 20'x15' (could be smaller) structure that can accomodate the bedroom and the bathroom.

One simple example, if you take two rooms and rent another 4 rooms, you will have two cars and each of the other tenants will have at least 4 other cars making you house to accomodate 6 cars.

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NO you think he is in poor accomodations and hunkered down ?