Any glaring cons of a duplex 1 Upper/ 2 Lower BR?

[Derek Mizysak]

Looking at a duplex priced about $30,000 under market but it’s a 2BR lower and 1BR upper in Milwaukee, WI. Not sure if I️ should shy away from smaller duplexes with only 1BR in one of the units. Is there a rule of thumb or anything besides the cash flow analysis that I️ should be considering? Thanks!

[Andrew Kerr]

@Derek Mizysak - There are tons of people who rent one bedrooms. Think about couples that don't need the extra room, young professionals, grad students, divorcees. In one of my multi I have a one bedroom, it was very easy to rent. 

But look at your local market, look at Zillow, Tulia and Craigslist for one bedroom rentals. What do they look like, how long have they been marketed. This will let you see how many other one bedrooms are for rent and their quality. Know your local market and competition. But generally I don't worry about renting a one bedroom.

Good Luck!