I've thought of a shared game room, small market for the STR renters. 

I’m an out-of-state investor evaluating Memphis for a first acquisition.I’m not sourcing deals yet -I’m looking to speak with property managers who already manage shared housing / room-rental properties, or who can clearly explain where that model does and does not work in Memphis.Target properties are 3–4 bedroom SFRs, typically under $200k, no HOAs.I’m especially interested in:Zip-level realitiesEnforcement / inspection patternsWhat breaks first-time investorsIf you do not manage shared housing but have direct experience with enforcement or problem zips, I’d still value a short conversation.I’m intentionally doing operator discovery before sourcing deals.  

I’m evaluating Indianapolis as a potential secondary market and am in the operator discovery phase.I’m looking to speak with property managers who currently manage room rentals / shared housing, or who have chosen not to manage them and can explain why.My target acquisition profile is:3–4 bedroom SFRsTypically sub-$200kNo HOAsI’m not asking for deals yet -I’m looking to understand:Which zip codes realistically support room rentalsWhat occupancy models PMs will and won’t touchWhere new investors get into troubleBrief conversations are perfectly fine — I value candid insight..

I appreciate you sharing this.

We just share different deals that we are working on and have an opportune time for people to ask questions. 

I was wondering if anyone would mind sharing the resources that come with it when you buy it from Bigger Pockets?

How are insurance requirements enforced in practice, what indemnification language is built into the lease, and what rights does the owner retain to approve vendors and verify compliance?

The agent typically needs to terminate buyer representation with you and re-establish it with the end buyer for the buyer-side commission to be paid cleanly by the brokerage.One way investors handle this is by assigning the contract with clear language such as “and/or assigns” as the buyer or seller.

So it's nice when they take the effort to be  transparent and put this in investor deck and in the investor's language.

If you don't like my language then don't comment because I can swear all I want and do what I want.