Purchase price: $70,000 This was a 3 bed 1 bath that I paid for.

Cash flow approximately 350 a month.Option 2: Use the cash to buy land to build a 6 bed 4 bath duplex, all in cost approximately 300k/330k. 

I'd talk to your zoning office and see. 3 bed 3.5 bath in 1500 sq ft is pushing it. we build super compact and have a layout thats 3 bed 2.5 bath 1 car attached garage in Columbus Ohio.

I have heard that the sweet spot is a 4 bed 2 bath section 8 in Memphis.

I've narrowed down the best return for my money in this market to a 2 bed/2 bath (with top tier amenities) - about 500 total 2/2 listings.I'm finding myself a bit stuck when analyzing why certain properties are making so much higher than the average listings when they seem to have very similar locations, amenities, style, flow of home, beds/# of people they sleep, reviews, number of reviews, etc.

I would check and see how many 1 bed and 2 bed options there are and what they are priced at because most folks will prefer the full place to themselves so rooming 2 people together could make getting bookings a bit more difficult (not always the case but something to consider)

It is 4 bed/2.5 bath. 

In his recent project he was able to build it for under 190k - 1 bed 1 bath unit with about 450sqft and it is going to rent for $1800/m. 

If you have four 2-bed/1-bath units with the same appliances, split it four ways and call it a day.

For a 3 bed 2 bath house it needs laundry.