I am sure it could work well in a student setting where everyone is attending a nearby university, but other than that, I don't think the juice is worth the squeeze.Hi @Richard Helppie-SchmiederDefinitely agree - doing your own property management and renting by the room isn't for the faint of heart.  

We acclimated the flooring, but I suspect the existing tenant may keep the house at some very different temps (when she travels I suspect it's quite cool in the winter just warm enough to keep pipes form freezing, and very hot in the summer).  

The whole process is not for the faint of heart, and you must have plenty of reserves just in case need to hold it for a while, have a lot a work to do, or be willing to move on it quickly for a loss. 

I also have a client who last year bought an MTR in the heart of Boulder, maybe a 5 minute walk to Pearl Street.

No list building, no cold outreach, just warm leads, this sounds perfect.

Hi Manny,Thank you so much for the warm welcome to the BiggerPockets community and for the invaluable advice!

Purchase price: $348,000.Cozy 1-BR condo with patio in the heart of Adams Morgan.

Let's bring back the lost development, events, and jobs to the heart of the Commonwealth.

Most of us are not deserving but still not all of us are lazy, and we really want to step up in the warm light of direction to support our families in this cold land...it starts with a roof.

Combine that with appreciation and it could be a viable option.I also know of two different multi family properties right near the heart of Kailua Kona that are on the market as well.