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Updated over 10 years ago,
One bedroom house
I have an opportunity to purchase a one bedroom house in an area that is fairly decent. The purchase price is going to be some where in the 2000 to 4000 dollar price range. The house needs fresh paint and then it is ready to rent. The question I have for some of the seasoned experts here is are one bedroom houses hard to rent. Are there any concerns that I should take into consideration with a purchase of a one bedroom property. This would be my first rental property and I would pay cash for it and should be able to get about 500 to 600 a month with comparisons to other property's in the area. Any opinions would be greatly appreciated.