Purchase price: $245,000 Cash invested: $55,000 Sale price: $375,000 1077 sq ft two bed, two bath condo used as a short term rental.

Maxed out bedrooms and amenities for $$$ (5 bedroom, 3 bath with game room/theater and indoor pool).2.

Cash invested: $440,000 Contributors: Jess Haas Development Type: 3 bed 2.5 Bath "Haas Model" DADU w/ detached garage, new construction.Strategy: Condoize & Hold

Rochester is great for investment and the prices are decent to get a duplex (4 bed, 2 bath min total).One concern though, when people who are not contractors say they are good at home improvements, they aren't usually as good as they think and their value isn't higher, it's actually lower because of unpermitted renovations or personal cosmetic choices.

(we met some of those room-mates and they gave us the scoop as to what was going on).The building is great - brick, newly built, good condition - and based on our comps - each of the 3 bedroom 2 bath units should be renting at around $1800-$2200/month (current condition vs fixed up)The leases were were given (signed March 1 and we bought building on March 3) are $1000, $1100 for the 3 bedroom units of sis and bro and $1300 of the tiny basement unit rented by non family members.  

One street over is another STR so it is happening. 

Hello Bigger Pockets Community,We own a property located at 205-207 South Potomac Street, Hagerstown, MD, 21740.

I am also finding that there are all sorts of trash in the gutter in the street in front of the property.

By doing it in the primary suite, they have their own bath and closet, so it isn't as much of an impact on your life.

Prices change with major streets, railroads, or a drainage ditch.