I have found that if its a good enough deal to flip , its a good deal to keep as a rental , sometimes better , as a rental you do a quick repair and cosmetic update and rent it out , and in maybe a couple year it has appreciated , you then do a remodel and sell and you have made much more 

If the units are more updated rents of $1400-$1600+ are very obtainable.Here's the breakdown of the rents I have at my two duplexes in NW Berwyn:Property #1 - 2 bed/1 bath unit rented for $1415 ($100/mo for two garage parking spaces included plus a monthly pet fee); 3 bed/1 bath unit for $1530 (bedrooms all on the smaller side).

In addition they don't do updates so every time your operating system updates you could run into an issue.   

@Carlos Quiros please give us an update as to how this worked out...

I've found that Rentometer either overestimates or underestimates the rent depending on the location and condition of the property (e.g a house with updated kitchen, bathrooms and flooring will have a higher rent than a house where everything is 15 to 20 years old but still functional). 

Grab a house off the MLS that needs some updating.

More people probably looking in the cheaper/median priced areas as well with inflation kind of hitting peoples wallets more the last year or two.I think updating the units and being more aggressive on price is really all you can do since we obviously aren't in control of the economic factors.

As an update though, we did move ahead and were able to secure a 1X close construction loan that automatically converts to a 30-year fixed rate. 

**Update** I am working under a fully licensed broker.  

Given the fact that I’m single and have zero dependents I figured it may make sense to move to the new house for at least a year to get a primary residence mortgage with a lower rate and rent out my existing house as a furnished mid-term rental.My question is around taxes: my current home needs significant repairs and updates (about $20-30k’s worth 😬) before it’s ready to be rented (the pool enclosure went partially down during a storm among other things).