Hello,There are no 1 bed, 1 baths in the 1-mile radius of where our condo is.

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.

It’s a 3 bed 2 bath with a garage.

If you have good credit and the asset fits a nice little box for the lender then you can get in the game.I am looking at a 5 to 6 bed 4 baths in the 1.3 to 1.5 range will a 250,000 down payment get me a property like that ? 

I pay $1200 for a one bed/one bath apartment...I feel hesitant to get into a property and how long would it take to go through, move in, etc....if I hope to leave in a year (again, likely won't be that fast).  

I’m not picky about the bed/bath ratios for duplex-quads.

What is the best configuration (bed/bath count, building type, etc) in your area and for your target clientele?

It's a 4 bed 2 bath house.

Rents for 2 bed 1.5 bath are very strong at 1200-1250 while current rents sit at 800-850.

Each room is fully furnished with plush full size bed on a 15” tall frame for storage, smart TV, desk and chair, night stand with lamp, artwork, full size mirror, and clothing storage.