Every market I've looked at shows a hockey stick increase in revenue when you go from 3 to 4 bed and up.

What one family is coming to use 11 beds and 7.5 baths?

They often have units with well over 1000 square feet and oftentimes 3-4 beds/2 baths per unit which is great for getting stronger rents.

@Michelle Baldwin how many beds/baths? 

Purchase price: $489,000 Cash invested: $13,000 Both units 2 bed 1 bath.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

I was hoping to get 1900-2000 for my 3 bed, which is more or less the going rate, if I were just a few miles closer to downtown and/or had a kitchen with back splash/new floors.

Currently own a 1 bedroom in Denver area thats an MTR and been cash flowing pretty good and just bought a house last year with doing 2-1 buydown (4 bed, 3 bath, 2400sq ft of livable space, 3200 total).

I too am looking for my first deal and have seen quite a few for under $350k in Fresno 3 bed 2 bath.Would it be over $400k what it is all said and done?