Purchase price: $15,000 Cash invested: $15,000 Sale price: $5,000Motivated Seller- 3 Lots total: (1) Commercial Building, (2) 1 Bed room Rental houses, plus an extra lot.What made you interested in investing in this type of deal?

This is of course assuming it's a 2-4 bed / 2 ba SFH wood or CBS frame SFH on a standard lot.

doing a quick rental search nearby, looks the going rent for a 2 or 3 bed is between $1.35-$1.41 per SF.

Purchase price: $175,000 Cash invested: $43,000 3 Bed 2.1 bath 10,000 SQFT lot Cul-de-sacCharming home completely remodeled.

I have 2 large cabins (2,000 and 2,500 sq ft) I'm holding and another 2 bed 1,500 sq ft cabin just about done and another two that are under construction for holds.

They are much cheaper and still very nice and then I drive them until they are close to death and then sell while still running. 

I rented a 4-bed house in Royal Oak, then got 3 roommates that I charged each 30% of the rent, so they covered most of my  rent.You can do the same if you buy a house:1) More rooms the better, if renting to fellow college students.2) Can YOU live in the basement?

They recommend owners to refinance it as a normal house (4 bed 2 bath).

Lenders have different loan capacity at any point in time; they might not announce that they aren’t making a certain type of loan right when you need it; they’ll take your application but either delay you to death or find an obscure reason to decline the loan4.

You also have lawn and snow removal in multi's, where SFR tenant is responsible.Finally, SFRs typically garner more rent than multi's, for same bed/bath/general size.