2 or 3 bedroom properties would be more profitable considering their cost?

Lending was another challenge, lending restrictions were starting to tighten up, and we had to get a bit creative with our lenders to get the financing we needed to close.

I kinda get it if 4 and 5 bedroom properties are going for 1.5 million in that market but... thats just math wondering what reality is?

i do not however use it for heat mine is an AC only unit I believe not a heat pump unit.If you're whole unit is relying on one mini split for ac and heat that surprises me just given if you shut a bedroom door you'd not have heat from the split that I assume is in the living room. 

@Nicholas Stout S8 rents are set by the number of bedrooms, that's pretty much it.The HUD guides are just that - guides!

I tell people if they can match their current rent or do better then it's likely worth it, but you may need to get creative on the cash flow part if you only plan on living their a year or two.

Finished basement with an added bedroom and enclosed laundry area.

Good for you for being creative.

rentometer.com says 3 bedroom , 1.5+ bath (this is 2), is about $2,300/month.   

From analyzing deals to exploring creative financing, I’m realizing that success in this business is about persistence, relationships, and constantly improving.