When you meet in person, pay attention to how organized they are and trust your gut.

It's certainly nice @Jay Hinrichs although my opinion is biased by my home market and the things we have in the price range is a fair bit of difference: https://www.zillow.com/community/evanswood/452295817_zpid/ and yeah, that pic is not a whopsie, indoor sport-courts a popular thing here. 

The good news is that there are ways to avoid it altogether through proper planning, organization, and working with experienced professionals who understand both the tax, real estate, and financial sides.We always tell clients the same thing before they invest: see all sides of the picture.

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.

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.

This purchase will push me over the 7 doors mark so want to make sure I'm disciplined and organized as I grow.

Get organized from day one.Separate your personal and business finances.

DirectionsWebsite7Fort Myers BeachSituated on the Gulf Coast, Fort Myers Beach is known for its white sandy beaches, water sports, and vibrant local culture, making it a favorite among vacationers.

However, lots of investors still chose to organize an LLC and put property into it with some type of asset protection structure, even for 1 or 2 properties.

Feel free to inquire about their staff qualifications if it's a larger organization.2.