Room rental rates will vary with area, but I think $1,000/month is a fair and conservative estimation.

Even with conservative assumptions the deal seems to pencil nicely.Here's the catch - the house is being sold as part of a 4-property portfolio (the properties are in differing parts of the city) and it is occupied by a "PHA tenant" (I believe this means the tenant is backed by the city's affordable housing program).I'm wondering if there's any sense in still making this deal.

I understand you are very conservative with debt, but having so much equity in these deals has ruined your returns.

>I know I could at least get 1300 in rent for it. but hoping for 1500I always do underwriting with the conservative range.  

Even if the market only appreciated at the rate of inflation, my equity growth is still beating inflation because I'm conservatively leveraged.4) It is unlikely single family prices will go down in any meaningful way as evidenced by over 100 years of US housing price data.

It's also much less common in the commercial real estate world for sellers to fix things prior to close of escrow. 3) Of the remaining 5 out of 1000, 4 out of 1000 is a hyper conservative estimate for fallout from people getting fired while in escrow, taking out car loans, that sort of stuff.So, yeah, 1 in 1000.

Because of this,  I recommend conservative, passive or near passive investments.  

Any form of lending can make money but the risk model has to be really really conservative with unsecured and 2nd positions.  

Quote from @Joel Owens:all but a big percentage.50 to 60 year olds might have a cell phone and be on the computer30 to 40 year old familiar with zoom meetings, texting, cell phone, computerskids to 20 year olds embracing group text, videos, all emerging technology etc.Of course this is not an absolute but in general as the age goes up the use of technology goes down.you bring up good points of technology adaptability by various generation and your view as well, but that's exactly when and why the commision structure would be disturbed in the next decade, once this 20-30 years old kid is getting more power they would replace everything that's deemed as default or conservative business model in many industries.

Flip or even Wholesale.I would be pretty conservative about answering that question.