Fast forward to today and we are in the main house, and I was able to take a HELOC out and buy an investment property, and with my tenants in place we are paying below $2K/month to live in a 3 bed house with a nice backyard.Your team (Realtor and Lender) should be able to walk you through the process.

My husband and I bought a 3 bed 2 bath house in southern Utah during 2021 with a 2.99 interested rate.

Unless it’s water front or something special.I know where there’s a 1300 sq ft single family 3 bed, 1.5 bath for $25k right now, it’s trashed and half gutted.

Tenants paying 1650/mo for 2 bed unit, and we will rent the 3 bed out for 1750 when we move.

I've only spoken with two companies that work with housing for one person and the property that I'm looking to obtain is a three bed

Longterm is $5500 (could have been more but I didn’t fully optimize it for large groups - more risk but more upside)People generally don’t want 5 bed houses during the week in a non tourist city.

You can run your own comps on Zillow/redin  make sure you understand your local market and how much finishes, bed bath count effect prices, don’t lie to yourself about arv or project it to go up that’s how you end up in trouble.if you can get all those variables down, while things can still happen/go wrong you should have a good ball park of the potential profit margin, always room for error in your net profit, markets can shift, you can get hit with unexpected expenses etc. 

2 bed/1 bath 1120 sqft: heavy rehab1 bed/1 bath 636 sqft: heavy rehab

Kyle, you are correct, you should not be responsible, but the fact is MN law requires you to pay unless you can show the bed bugs are a result of willful, malicious, or irresponsible conduct of the tenant or a person visiting the tenant, which is nearly impossible to prove. 

Her rent is WAY below market value- they pay 1300 for a 3 bed- heat included.