@Marcus Stokes, house flipping is a full-time business operation, even with current market conditions.

Currently renting a room at my primary residence for some mortgage offset.

I'm currently doing a flip in 19143 near Baltimore Ave, and love to see that it's a B area.

Currently we have titled our 16 properties in 4 LLCs and we have a 5th LLC where we manage our properties.

I currently work with investors building their portfolio with Turn Key investments.

I always asked first, and never had a landlord refuse.It drove me nuts that I had no idea how many copies of the keys to my current front door were floating around in the world.

As Vince said it is a quick guideline and won't work in most places with current interest rates and house prices. 

Currently being leased, but expect my total cash on cash return to be above the number I target.

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

If a Room for Rent is worth $1000/month, then reverse amortization at current interest rates between 6.5-8.5% for 30 year mortgage would set the price between $130,000 to $158,000.