Having a rental property is very different from renting a room out in your house. When you rent out a room, you will be sharing space with this person.
Step 3: Ask the Right Screening Questions
Once the ad is active, people will begin calling you. Prepare several questions to ask them to get a sense of who they are and if they would be a good fit for you.
Step 4: Have a Solid Rental Agreement
Make sure you have everything in writing.
You want to make sure all your dealings with your roommate are in written format.
Having roommates who live in your house is not easy.
However, being a landlord can be great because it allows you to make passive income that requires little ongoing work.