You can double your money in one year if your property appreciates only 5%.If you are considering the OOS route, there are a few markets that have both cash-flow and appreciation you could look into.   

Purchase price: $167,000 Cash invested: $25,000 Contributors: Michael Sgandurra This was a value-add BRRRR deal next to Nationwide Children's Hospital. 5-bed rooms and 1.5 baths.

About double price point to Bob's market but point is, YES it still exists. 

I tried to look for any info on the Berkeley Assessor's website but couldn't pull any bed/bath info for the house.Let me know what you think? 

My initial guess would be look at 1 bed 1 bath rentals in the area but is that the best way to estimate?

I’m guessing some people wouldn’t love the feel of a cold floor on their feet getting out of bed first thing in the morning?

I'm looking for a 10-20 unit, built after 1960, needs repairs and the unit mix are 1 bed and 2 bed because most people don't rent out 3 bed.

3 bed 1 bath house for 80k.

Make sure both properties have all the repairs and maintenance needed and no major cap ex is needed before you try to add one on double leverage.

It felt like a no-brainer for the value of the land, but being able to utilize a traditional mortgage because there was a clean yet simple 3 bed 2 bath house on the lot made the deal even sweeter!