Since 3 bed/2baths are the most desirable among buyers, I have hired a contractor to turn the bonus space on the bottom level of my home to a 3rd bedroom (an option offered by the builder, but I didn't need it at the time).

I will begin working in Charlotte NC after that and I will be "House Hacking" a 3 bed room house.

But in Somerville we have a 1 bed going for $2500, if they trash that 2500 will do a whole lot more in terms of paying for new painting and patching.

Here are more $$ details:Buy and Hold:Yonkers 4 unit multi-family house (5 minutes to Metro North station)Monthly expenses: $5kCurrent rent roll: $6k (can be increased with more renovated units, and current landlord keeps rents low to keep tenants)Renovate and Flip:Brooklyn (Bed Stuy/Bushwick) Condo 2 Bed 1 Bath 850 SQFT- 5 minutes to J/M train station$500k Purchase priceMonthly expenses: $3.2kEstimate monthly rent: $2.2k, $2.5k renovatedThank you all for your time and input!

Here are more $$ details:Buy and Hold:Yonkers 4 unit multi-family house (5 minutes to Metro North station)Monthly expenses: $5kCurrent rent roll: $6k (can be increased with more renovated units, and current landlord keeps rents low to keep tenants)Renovate and Flip:Brooklyn (Bed Stuy/Bushwick) Condo 2 Bed 1 Bath 850 SQFT- 5 minutes to J/M train station$500k Purchase priceMonthly expenses: $3.2kEstimate monthly rent: $2.2k, $2.5k renovatedThank you all for your time and input!

I am trying to house hack the property so what I have been looking for is an 2 bed 2 bath or more house with a separate guest house our unit.

But I'm a newbie and I don't know if my calculation correct and reasonable, so I'm asking for your expertise here if you can help me figure out if it is a good deal.Info on the property:This is a 3 beds 2 baths 1,112 sqft property in Portland, OR built in 1979.It is foreclosed and recently on the market asking for $270K.

She fills out beds/baths/sq ft/ lot size/zestimate (for quick reference)/link to Zillow/link to google maps.....After reading this forum though, I am now worried that some of these auctions could be 2nd mortgages.

I just bought a 2 bed/1 bath condo also right next to CSU but we were hoping to rent for $1300-$1400.

A fixer 2 bed here will run $120,000 or so.