In my area, there are many 3 bed 1 bath homes.

Property was a 3 bed 1 bath.

72936. 2 bed 2 bath. 

Be honest—are you waking up early and controlling your day, or are you rolling out of bed and playing catch-up?

Just a simple 499 sq ft city approved plan, single story, 1 bed/1bath/full kitchen adu with living space.

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

The builders shared the same blueprints so both properties are 2 bed/2bath.

This is of course assuming it's a 2-4 bed / 2 ba SFH wood or CBS frame SFH on a standard lot.

My $2000 also covers stuff that inevitably break under normal use - I had to replace a washer $700, a stove $600, a microwave $100, and a grill $400, all  within last 2 years, and paid close to $1000 for various service calls by electricians and HVAC techs and pest control. 

I am currently purchasing a home that will work great as a Rent By the Room. 8 bed and 6 baths in the DFW area.