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.

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. 

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. 

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

Hey Nate, All students in the property are on 1 lease. 4 students in one SFR, the other is 9 students in an SFR (which has 8 beds and 5 bathrooms).

They opted to maintain it and have added flower beds and planted a small garden.

If I book a room that will work for two people (i.e. with two beds) but only book for one person would we be able to change the reservation later to be able to share the room?