If you've got money saved and your financing figured out, but you're also having analysis

paralysis on what market to jump into, this episode is for you. Today, we're answering questions

about real-world problems that Ricky investors are facing right now. We're tackling everything

from how to find the right market when you already have financing in a very specific buybox

to what's the best way to make co-living work as a strategy.

So what's up guys? My name's Tony J. Robinson and today I have Kara Brown from Bigger Stays.

Fill it in for Ashley Care. Garrett, what's up, brother? How you doing today, man?

Doing good. I got some big shoes to fill with Ashley being gone, but I'm hoping to step up to

the plate for everyone. You got some big shoes. You got to have your repertoire of like weird 90s

movies quotes in your back pocket to keep everyone on their toes, man, but excited to have you

here, brother. So let's up. Let's jump into the first question. So the first question here says, would a pad split rent by the room work on a five-bed two-bath property? I'm debating either selling or doing a pad-split on my five-to-rential. For a pad-split, I could realistically get five people, or at least four, filling the house. One bathroom is a private onsuit to the master bedroom,

so there would be three to four people sharing a single vanity full hallway bath.

I could charge more to the person to get some master bedroom, is what I'm assuming,

but has anyone done a rent-it-by-the-room strategy with a similar house layout?

So co-living, pad split.

I think first, Garrett, let's just kind of break down what

that strategy is and how it differs from a traditional long-term rental. Co-living or rent by the

room is kind of exactly what it sounds like, right? Instead of having this big five-bedroom two

bath where you rent it out to one family or to one tenant, you break it up and you rent out each

individual room. So instead of having one tenant for all five bedrooms, you have five tenants each

with their own room or you if you're living in one of those units as well. And I think the reason

that the co-living strategy is gaining a little bit more traction, A, because there's there's

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