Not going to be a huge cash cow per bed, but with the amount of people moving here (looking for a quick cheap sublease till they find a place they really like), students, and temporary IT and medical workers I don't see myself having any problems filling the other two beds for at least $400/month.

We purchased an ocean front 4 bed 4 bath condo on the Space Coast of Florida 4 years ago for $620,000. 

@Tiffany Tan we see two issues:1) Your PMC not responding to your emails within 24-48 hours.- We all get busy and can't respond to everything ASAP, but 24-48 hours is not hard to do!

I will soon have a three bed two bath SFR with a partially finished basement available to rent.  

I would only refinance if the interest rate is below 6 (I know it is higher than what we have) but my worry is that if we don't act soon we will not have a home for less than $1.5M here soon (which to be honest here is about a 2 bed 2 bath house so pretty small).

I personally love the Step Brothers themed bunk bed room! 

If you do decide to go the STR route, how many beds do you plan to have?

Everything Paige said and a few more.All vehicles must be licensed, tabbed and operableNo water beds, pools, portable heaters, portable dishwashers, portable clothes washers or dryers shall be used on the premises without prior written consent of agent/owner.No dust, sand, dirt, rubbish, coffee grounds, feminine products or other foreign material shall be flushed or washed down toilets,sinks, or wash basins.

But having worked for one of the larger syndicators with about 13k units under management, all in suburban areas of the major metros in SE, the one beds typically did NOT see any noticeable lower occupancy rates than the twos or threes.  

I'm considering Birmingham and Huntsville area for SFR (3 bed/2 bath)/Duplex.