It’s 2 bed / 1 bath that needs significant work.

This is a 2-bed, 1-bath home in Centrailia, IL that will need some work.

What do to for a small 800sft home (2 bed 1 bath) that has no central air.

My wife and I currently own two rental properties and our primary residence.House 1: 4 bed 3 bath.

Property Details: SFH 6 beds 2 Bath 2016 sqft - Rented by the room.Purchase: 340,000Amount Financed: 272,000Down Payment: 20% (68,000)Purchase Costs: 12,777Loan Type: 30 yearInterest Rate: 8.75%Rents: 3,300**********************Investment Returns - Year 1Cap Rate (purchase) 8%Cap Rate (Market Value) 7.1%COC 1.8%Return on Equity 1.3%Return on Investment 25.1%Internal Rate of Return 25.1%

Similar purchase price, 2 beds.

Great area with SFH selling between $120,000 - $150,000Purchase price: $160,000 + $5,000 to wholesaler as a "Thank You"Cash invested: $0 ($50,000 - $70,000 in rehab)Sale price: $225,000 BPO and $350,000 ARV6 unit property with 1 x 3 bed, 1 bath, 2 x 2 bed, 1 bath and 3 x 1 bed, 1 bathWhat made you interested in investing in this type of deal?

I have a 4 bed/4 bath unit in a college town that is in a complex that is popular with international students.  

Keep crushing it bro,  Happy days mate,Bloody nice numbers indeed 👏Talk about not getting out of bed for anything less than a 15% net cashflow ROI haha

Any input would be appreciated. don't do townhouses that's crazy. three story walk ups. don't reinvent the wheel. make them way smaller. 2 beds, 700 sq ft. check some posts I have online I have Floorplans and elevations of the triplex we build infill for Columbus Ohio