I've got a townhouse (3 bedroom, 2.5 bath, two car garage) in a higher end neighborhood that I rent to three young women (they each rent one room). They are great, but juggling all three, cashing checks, dividing utilities, etc. is a bit of work, and I think I'd get more renting the whole house out to a family (really good schools). What's your thoughts on changing who I rent to and in either case, what's the appropriate way to raise rent? So far I've had enough turnover since I bought it 2 years ago that I just charge a higher price to the new renter (I do six month lease then month to month). I've read about just raising rent $10/month, but they rooms go for $700-$900 now, that seems silly small. Thoughts?