Hi Peter —Generally speaking, it’s difficult to get a definitive answer on the legality of rent-by-the-room in single-family residential zones around metro Atlanta.

It would be a Boutique Class A home for between 6-8 people in one of the top 3 metros for assisted living.

@Jay KeWe’re a Property Management Company (PMC) in Metro Detroit ONLY, with 25+ years of experience, and we’ve seen owners make the same mistakes, over & over again when looking to hire a PMC – which drives us nuts!.

There are a few facebook groups of self managers in the metro you might want to join. 

There are some good wholesalers in the metro why not connect with one of them and try working with them for a bit while you learn the ropes?

My team has worked with quite a few investors doing co-living or rent-by-the-room models around metro Atlanta, and overall, it can be a really strong strategy when approached intentionally.Co-living fills a very real gap in the market — it provides affordable, flexible housing for working professionals, students, and people in transition, while also producing higher returns than traditional single-family rentals.

We've got Metro Detroit covered, what are you specifically looking for?

I'm sure many investors would agree Detroit (not Metro) and Dayton/Cincinnati markets are especially difficult. 

You could also consider Metro Detroit. 

Low inventory, inbound migration from higher-cost metros, and cheap financing created the perfect storm: sellers held all the leverage, buyers fought over anything that had a roof, and investors—especially those trying to scale—had to move fast or lose out.But over the past 12 months, something interesting has been happening under the surface: the market is easing.