Remember, for any claim, if you can just find one case where that proposed claim does not work it is enough to prove that claim is false.So consider this.They it was told toy uo by others is inherently flawed simply by this fact:If I give you a list of 18 year old people that don't own a house... and that list is 2000 contacts large, how many deals are you going to make?

I know in Philadelphia if I had a 2 BR house it would be viewed favorably by tenants who are seeking 2 BR living situations because most inventory will be apartment style living and for this reason would achieve a rent premium.

Affordable housing is about the housing itself and the economic environment it is created in.

Are there any house at that price point that would rent for $1200-1500/ month with 20k worth of updating?"

We want her to live with us so she's more active and social, but our current house isn't suitable.

I suspect it's due to the change in the housing market and economy.  

A lot of our housing stock here has finished basements or in-law suites, so with something like that you can generate significant rental income for an inexpensive conversion. 

Quote from @Cari Sweet:  This sounds like a case for Fair Housing- Familial Status discrimination. 

The current price of the house is indeed valued at the 103k, but I have to admit I was shocked to see the price the wholesaler got as well. 

You can't just walk into the tenant's house to do your laundry.