However, if we duplex down from the first floor unit (which is 2bed 1bath apartment), can we then combine the beds/baths and call it a 4bed 2bath?

Just email me price range, bed, bath and any other criteria you want me to include.

Since you are going new construction, the difference in cost between 2bed and 3bed is not that much and the ability to get tenants for 3 bed is much easier and therefore more income capability.  

Questions to consider: How many beds are each unit?

Hello,I have an 1 bed/1 ba condo located in Glendale, AZ area of 63rd Ave/Glendale.

We purchased a 3 bed 1.5 bath home, 1500 square feet on half an acre:Purchase price: 66K; 20% down paymentRent: 850.00PITI: 390.00Vacancy: 10%PM: 8%Repairs: 10%Cap Ex: we have a separate account set aside for this that we fund ourselves and contribute to monthly.Rehab costs: 3K (paint, flooring, cleaning)Monthly cash flow: 222.00Cash on Cash return: 16%I'm happy to have our first deal done.  

Here are my thoughts based on some avg #s$1980/2 = $495/mo x 4 units1 bed/1 bath units typically rent around $400/mo so my initial thoughts are how did they get almost $500/mo for these.Lets say you get $450/mo x 4 = $1800/moProperty Management - $180Taxes - $200Insurance - $100Water/trash - $200Vacancy - $180Repairs - $180Cap Ex - $100Total expenses -  $1140/moThat leaves you with about $660/mo before any mortgage etc....

Ohio is also a hot bed and where I'm mostly investing.  

Good morning Thanks for your feedback.The first one was a 4 bedroom Townhome and the second a 2 bed plus den condo.

Five years later, my (now ex) wife and I purchased a bed and breakfast that came with a second home for the Innkeepers (us) to live in.