If you're focused on medical travel folks, smaller 1 or 2 bed properties work fine.

Some people need 2% above the borrowing cost (8% cost of hELOC you gotta then make 10% + etc) and others will want to double their cost of capital or 200% so it depends.Everyone's going to give you their anecdotal experience or what their preferences are so its good to hear it all and determine your own.

I would like to ask the advice of the community - can I get some viewpoints on how I could double check this lady's work?

So if your investing that full $200,000 getting that kind of return and you currently have almost no monthly expenses I would advise you to double down on what your doing and let it ride for as long as you can.

Which will make it 4bed 2 bath, and some 4 beds on the same street shave sold for 220k. 

The breakdown is as follows:2 bed / 1 bath1 bed / 1 bath1 bed (studio) / 1 bathThe property was previously rented out for a combined total of $3,400 per month.

It's 3 bed 2 full bath and 1,300 sqft.

@Luke Tetreault I am new myself and working currently to get to that point, but what I intend to do at your point is to JV on deals or offer PML for high turnover deals (EMD/ Double close).

It’s better to have less rooms and to have them large enough to comfortably fit a queen bed.

Absolutely you can, I rolled over my IRA into a fund making double-digit returns.