Not to mention retail buyers that also buy opera properties, Our normal range is between 1300 and 1600 sq ft for single family, which we have found to be ideal for results.

That is not normal for that area, but it is sometimes how things go.If you Google the street view of the Parker property, you will see that, in my opinion, it is not an area you want to be in long term.

Replace it with a normal fridge.

Desperate - experienced, nothing to lose type of situation, and the opportunity is so amazing that it is life changing  (Ah what the heck, he was already on the edge, it may work, it may not, but he was in a desperate situation)I wouldn't recommend it for normal people.

Based on purchase TODAY, 7.5% mortgage rate, 25% down, normal rents, what would it come out end of day as.

@Steven Bowdich-Called around few banks in Wichita & found out 5 year term is normal in that market for commercial loans.

Personally, if your market tends toward the former condition (better/normal appreciation) I think it's a fairly safe deal looking at the long term, assuming infrastructure around you continues to support the idea of renting it.

Reach out to professionals for informational interviews; many share their experiences and advice.Everyone starts somewhere, and it’s normal to feel lost at first.

Due to increased rates i did not refi so i did not get opportunity to see how an appraiser valued the half bathroom but the comps with same bathroom count had crazy valuation for the additional half bathroom.Taking under utilized space like a work area to add a br where the added br does not put you above the normal for the area can add value.Similar if a neighborhood is virtually all 3 br and 4 br properties and you find a 2 BR, it could be a value add to add the bedroom via new construction.  

I suspect it will be well used and have high maintenance costs.Software: office of google office, asana, possibly quickbooks (i would normally not suggest for a single rental, but the rent by room compounds things).