Make sure your listing clearly outlines your screening criteria as well as your "house rules" if you're renting out a single room in your home.

I know we can get 25-30% in single-family homes with a little luck.

I haven't bought a lot at auction but the best deal I got at one was:Through the fog of memory (don't feel like looking up the exact amounts), in late 2021, I paid around 140k for a 4 bedroom single family detached property.

It is balance sheet heavy but for some reason, most investors in BP are just focused on P&L and they stick with these free accounting platform that doesn't even utilize the Balance Sheet.A lot of the time when I clean up client's books, it's mainly in the balance sheet that needs to be fixed up.

Investment Info:Single-family residence fix & flip investment. 12 Lincoln Street is a single-family home located in Sag Harbor, NY 11963.

The issue will be if you have a number of rooms and a single abuser. 

That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

You'll want to incorporate interest costs on the HELOC while you're using it, but that will add to your holding costs in addition to utilities, closing costs, etc..

By effectively utilizing space, we can often increase the number of units or functional areas within a property without expanding its footprint.

Quote from @Ben Fernandez: Gotcha...I like your goals utilizing the lease option.