What markets have you found/invested in that fit this?

So I'd only buy it if you could swing the potential loss each month, you knew you were going to move there, and it fit into your long term vision. 

I use 1 bedroom condo's and it's an ideal fit, you have to research your HOA to make sure it's allowed.

Yet you still haven't answered my original question.The first reply had all the information you need to consider and then use to make a decision that fits your business. 

This is a really good thread discussing this: https://www.biggerpockets.com/forums/530/topics/1135763-any-...I don't see how you could go wrong so long as you have the space and it fits your guest avatar 

Floris,I just sent you a DM about a property that might fit your criteria. 

This house does fit the 70% rule and would cashflow $3,000-5,000 per month after expenses.

A college student, friend, or family member, looking to make a little extra a month might be the perfect fit for you.

I think to determine whether you want to do this deal or not you need to look at your long term real estate investment goals and see if/where this type of a deal fits in.

If so, it could be a great fit!