You can buy it on Amazon.

Have an outbuilding that could be rehabbed into a studio str, and wanted to see if anyone local has/had any experience with this.Appreciate any input.

The only large quantity of properties in my under 200k price range are studios.

Found a 4-plex in residential area (population <3,000) about 45 minutes away.Purchase Price: $92,000 (MLS) Bank Appraisal: $99,000 (appraised "sale" value)Mortgage: 20% Down, 5/15 ARM (self-employed, first mortgage)Rent Roll: Full occupancy = $2,050/mo; currently = $1,630/mo (3 units with long-term tenants, studio unit vacant)Roof: No leaks but needs shingles in 1-3 yearsHVAC: One gas boiler, hydronic/radiant heat and hot water; no ACOther: 2500 square feet. 

I have an offer I'm set to close on for a studio in the Midtown Houston area.I'm looking for feedback and maybe a sanity check. 

A week later, a service technician at Amazon Web Services threw the wrong switch by mistake and half the Internet went down for a few hours (AWS says changes were made to prevent this from happening again).

Do you think the local market can support $1100 for a studio, $1500 for one bedroom, and $1775 for 2 bedroom units?

Do you think the local market can support $1100 for a studio, $1500 for one bedroom, and $1775 for 2 bedroom units?

(assuming Amazon goes elsewhere, if Amazon comes to Dallas.....then hold on tight, we will go up substantially over the next few years.)Best of luck to you!!!

THE AVERAGE RENTAL PRICE FOR A NON-DOORMAN STUDIO DECREASED BY 0.3%, FROM $2,547 TO $2,541.