Starting out, buy a shabby condo and live-in/flip it.

Condos actually give you the biggest bang on deprecation because such low land value but any RE will do! 

.- Bigger area rug. 9x12 for King, 8x10 for QueenBedroom 2- Change location of TV to across the bedBedroom 3- This bedroom needs an optimized layout-If it’ll fit, scrap the bunk bed and do 2 twin beds along window wall with a table in betweenBathroom 1 & 2- Wall mounted blow dryer- Wall mounted body wash. shampoo, conditioner dispenserPatio- Scrap mini golf for fire pit seating for 6- Install canopy shade- Better design for photo-op wallOverall, great property, great location.

Median Sales Price for condo in Chicagoland went up about 8.4% over the past 12 months as of November 2024. 

There is a stats page on furnishedfinder.com that you can use to see what midterm rentals are asking for in your area, based on bedroom count.

It's a 4 bedroom 4 bathroom house in a Auburn AL which is definitely a college town (though I do not refer to it as a student rental).

Built in 2021. 4 bedroom/ 3 baths.

Taking pics of the bedrooms where you see the door/doorway makes the room itself look tiny.5) video might help here though my camera does not have a wide angle video option.Summary: most people won't read descriptions first.

Feel free to breeze through it: https://docs.google.com/presentation/d/1qCD_XIgmg-2BGGzsDbWq...As for Rent by the Room - it just means you can get more for your place by number of bedrooms.

Labor/material are going to be different and need to factor that in4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVCThese are very variable, if you are getting this from a licensed guy to do it and unlicensed.. is it a big shop or a local shop doing it, is the GC doing it they will put some money on the top so it will be more money5) framing (creating new bedrooms or baths)I would get all these quoted from a good couple of licensed guys and unlicensed to know your numbers to cents